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Alpha issued 1,000 shares of $2 par value common stock for $10 per share. The journal entry to record the issue of the common stock

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Alpha issued 1,000 shares of $2 par value common stock for $10 per share. The journal entry to record the issue of the common stock is Debit Cash for $10,000, credit Common Stock for $2,000, and credit Paid-in Capital in Excess of Par Value for $8,000. O Debit Cash for $10,000, credit Common Stock for $2,000, and credit Retained Earnings for $8,000. O Debit Cash and credit Common Stock for $10,000. O The correct answer is not listed. O Debit Cash for $10,000, credit Common Stock for $8,000, and credit Paid-in Capital in Excess of Par Value for $2,000

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