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A corporation sold 14,000 shares of its $1 par value common stock at a cash price of $13 per share. The entry to record this

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A corporation sold 14,000 shares of its $1 par value common stock at a cash price of $13 per share. The entry to record this transaction would include: Multiple Choice A debit to Cash for $14,000. A credit to Common Stock for $14,000. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $196,000 A credit to Common Stock for $182,000. A debit to Paid-in Capital in Excess of Par Value, Common Stock for $182,000

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