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Oriole Company issued 750 shares of no-par common stock for $7200. Which of the following journal entries would be made if the stock has a

Oriole Company issued 750 shares of no-par common stock for $7200. Which of the following journal entries would be made if the stock has a stated value of $4 per share? 7200 Common Stock Cash 7200 7200 O Cash Common Stock Paid-in Capital in Excess of Stated Value 3000 4200 7200 O Cash Common Stock Paid-in Capital in Excess of Pari 3000 4200 7200 O Cash Common Stock 7200

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