oter 13 Help Save&Exit Submit Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock During the first month of operation, the corporation issued 380 shares to its attorneys in payment of a $5,800 charge for drawing up the artices of incorporation. The entry to record this transaction would include: Multiple Choice A debit to Orgeanization Expenses for $5,800 A debit to Orgenization Expenses for $3,800 Prex 1 of 10 Next > a Document 1doc 2010-03-21,02154 xls a. Ask me anything