Click t e qu s below 1. If the stock is issued for a price that is more than its par value, the stock a. has been sold at a premium. b. has been sold at a discount. c. has been sold at its stated value. d. is converted to no-par stock 2. A journal entry to record the issuance of preferred stock above par would include a a. credit to Cash. b. credit to Paid-In Capital in Excess of Par c, debit to Preferred Stock d. debit to Paid-In Capital in Excess of Par 10, Blarney Corporation issued for cash 10,000 shares of no-par common stock at s40. The journal entry to r 3. On March a. debit to Cash for $10,000 b. credit to Cash for $400,000. c, credit to Common Stock for $400,000 d. credit to Common Stock for $100,000. 1 more