All City Realty, Inc. issued

13,000

shares of

$1

stated value common stock for

$13

per share. The journal entry to record this transaction includes a credit to ________.

A.Common Stock

$1

Stated Value for $156,000

B.

PaidIn

Capital in Excess of Stated

Common for $13,000

C.

Common Stock for $169,000

D.

PaidIn

Capital in Excess of Stated

Common for $156,000