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A company issues 60,000 shares of s40 par value common stock for cash at 360 per share. The entry to record the transaction would include

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A company issues 60,000 shares of s40 par value common stock for cash at 360 per share. The entry to record the transaction would include (select all that apply A. Credit to Common Stock for 53,600,000 B. Debit to Cash for $3,600,000 Debit to Common Stock for $3,600,000 D. Credit to Common Stock for $2,400,000 E. Debit to Retained Earnings for 53,600,000 F. Credit to Paid-in Capital in Excess of Par Value-Common Stock for $1.200,000 EL

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