Percy Corporation was formed on January $1.$ The corporate charter authorized $100,000$ shares of $$10$ par value common stock. During the first month of operation, the corporation issued $330$ shares to its attorneys in payment of a $$5,300$ charge for drawing up the articles of incorporation. The entry to record this transaction would include:

Multiple Choice

A credit to Common Stock for $$5,300.$

A debit to Paid$-$in Capital in Excess of Par Value, Common Stock for $$2,000.$

A debit to Organization Expenses for $$5,300.$

A debit to Organization Expenses for $$3,300.$

A credit to Paid$-$in Capital in Excess of Par Value, Common Stock for $$5,300.$