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A corporation Issued 280 shares of its $5 par value common stock in payment of a $3,600 charge from its accountant for assistance in filing

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A corporation Issued 280 shares of its $5 par value common stock in payment of a $3,600 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will Include: A $3,600 credit to Common Stock A $2,200 credit to Paid-in Capital in Excess of Par Value, Common Stock A $1,400 debit to Organization Expenses. A $3.600 credit to Cash A $3,600 debit to Legal Expenses

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