A corporation issued 240 shares of its $5 par value common stock in payment of a $3,200 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include: Multiple Choice A $1,200 debit to Organization Expenses. A $3,200 credit to Cash. A $3,200 debit to Legal Expenses. A $2,000 credit to Paid-in Capital in Excess of Par Value, Common Stock. A $3,200 credit to Common Stock