A corporation sold 13,000 shares of its $10 par value common stock at a cash price of $15 per share. The entry to record this transaction would include:

Multiple Choice

A credit to Paid-in Capital in Excess of Par Value, Common Stock for $195,000.

A debit to Paid-in Capital in Excess of Par Value, Common Stock for $65,000.

A credit to Common Stock for $195,000.

A credit to Common Stock for $130,000.

A debit to Cash for $130,000.