D Question 7 1 pts South Beach Apparel issued 10,000 shares of $1 par value stock for $5 per share. What is true about the journal entry to record the issuance? b. Credit Cash 850.000 o. Credit Common Stock $50.000. Credit Additional Paid-In Capital $30,000 Opton D Question 1 pts Outstanding common stock is Stock that is perforning wellon the New York Stock Exchane Stock issued plus treasury steck Stock that has been authorized by the state for issue o stock in the hands of stockholders