kaenzig coffee company issued 1,00 shares of no-par common stock for $ 11,00. which of the following journal entries would be made if the stock has a stated value of $2 per share

debit cash 11,00 credit common stock 2,00 and paid in capital in excess 9,000

cash 11,00 credit common stock 11,00

debit cash 11,00

credit common stock 2,00 and paid in excess of par 9,000

common stock 11,00 credit cash 11,000