Alliance Corp. issues 2,110 shares of $8 par value common stock at $16 per share. When the transaction is recorded, what credit entry or entries are made? Select the correct answer. Common Stock $16,880 and Paid-in Capital in Excess of Par Value $16,880. Common Stock $16,880 and Paid-in Capital in Excess of Stated Value $16,880 OCommon Stock $33,760. Common Stock $16,880 and Retained Earnings $16,880