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Bradley Corporation received cash from issuing 10,000 shares of common stock at par on January 1. 2017 the stock has a par value of $0.01

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Bradley Corporation received cash from issuing 10,000 shares of common stock at par on January 1. 2017 the stock has a par value of $0.01 per share. Which is the correct journal entry to record this transaction? Cash is debited for $10,000. Common Stock-$.001 Par Value is credited for $100, and Paid-In Capital in Excess of Par - Common credited for $9, 900 Part-In Capital in Excess of Par-Common is debited for $9, 900. and Common Stock-$0 01 Par Value is credited for $9, 900 Cash is credited for $10,000 and Common Stock-$0 01 Par Value is debited for $10,000 Cash is debited for $100, and Common Stock-$0 01 Par Value is credited for $ 100

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