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Q7 question will save this response. Question 7 ABC Inc. sold 14,000 shares of its $10 par value common stock at a cash price of

Q7

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question will save this response. Question 7 ABC Inc. sold 14,000 shares of its $10 par value common stock at a cash price of $13 per share. The entry to record this transaction would include O A. A debit to Cash for $140,000. O B. A debit to Contributed Capital in Excess of Par Value. Common Stock for $42,000. OC. A credit to Common Stock for $182,000. O D. A credit to Common Stock for $140.000

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