A corporation issued 2,700 shares of its no par common stock at a cash price of $12 per share. The entry to record this transaction would be: Multiple Choice Dobit Cash \$32,400; credit Paid-in Captal in Excess of Par Value, Common Stock \$2,700; credit Common Stock \$29,700. Debit Cash \$32,400; credit Common Slock \$32,400. Debit Common Stock \$32,400; credi Cash \$32,400. Debat Treasury Slock \$32,400; credit Cash $32,400. Debil Treasury Stock $2,700; debit Paid-in Cagital in Excess of Par Value, Treasury 5tock $29,700; credit Comman Stock $32,400