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Plper, Inc. Issued 400 shares of $9 par common stock in exchange for a plece of equipment with a current market value of $5,000. Which

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Plper, Inc. Issued 400 shares of $9 par common stock in exchange for a plece of equipment with a current market value of $5,000. Which of the following Is NOT part of the journal entry for this transaction? Crediting Common Stock for $3,600 Crediting Common Stock for $5,000 Crediting paid-in capital in excess of par-common for $1,400 Debiting equipment for $5,000

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