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A corporation issued 5,000 shares of its $10 par value common stock. These shares were issued at a price of $25 per share. The correct

A corporation issued 5,000 shares of its $10 par value common stock. These shares were issued at a price of $25 per share. The correct journal entry to record this transaction is: Cash $125,000Dr; Common stock $125,000Cr. Cash $50,000Dr; Common stock $50,000Cr. Common stock $50,000 Dr; Additional paid-in capital - common stock $75,000Dr; Cash $125,000Cr. Cash $125,000Dr; Common stock $50,000Cr; Additional paid-in capital - common stock $75,000Cr

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