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Question 12 (1 point) Dallkin Corporation issued 10,000 shares of common stock on January 1, 2017. The stock has par value and was issued at

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Question 12 (1 point) Dallkin Corporation issued 10,000 shares of common stock on January 1, 2017. The stock has par value and was issued at $17 per share. The journal entry for this transaction includes a no A) credit to Cash for $170,000, a debit to Paid-In Capital in Excess of Par-Common for $10,000, and a debit to Common Stock-No-Par Value for $160,000 B) credit to Cash for $170,000 and a debit to Common Stock-No-Par Value for $170,000 debit to Cash for $170,000 and a credit to Paid-In Capital in Excess of Par-Common for $170,000 debit to Cash for $170,000 and a credit to Common Stock-No-Par Value for D) $170,000

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