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Marigold Corp. issues 8000 shares of $10 par value common stock at $15 per share. When the transaction is recorded, credits are made to Common

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Marigold Corp. issues 8000 shares of $10 par value common stock at $15 per share. When the transaction is recorded, credits are made to Common Stock $80000 and Retained Earnings $40000. Common Stock $120000. Common Stock $80000 and Paid-in Capital in Excess of Stated Value $40000. Common Stock $80000 and Paid-in Capital in Excess of Par $40000. Marigold Corp. issues 8000 shares of $10 par value common stock at $15 per share. When the transaction is recorded, credits are made to Common Stock $80000 and Retained Earnings $40000. Common Stock $120000. Common Stock $80000 and Paid-in Capital in Excess of Stated Value $40000. Common Stock $80000 and Paid-in Capital in Excess of Par $40000

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