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. A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $11 per share. The entry to record

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. A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $11 per share. The entry to record this transaction would include: 46 Multiple Choice 2 O A debit to Cash for $160.000 A debit to Paid-in Capital in Excess of Par Value, Common Stock for $176,000 Acredit to Paid in Capital in Excess of Par Value, Common Stock for $336,000 A credit to Common Stock for $176.000 Acrest to Common stock for $160.0oo

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