Sneed Corporation issues 13,500 shares of $48 par preferred stock for cash at $66 per share. The entry to record the transaction will consist of a debit to Cash for $891,000 and a credit or credits to Oa. Preferred Stock for $891,000. Ob. Paid-In Capital from Preferred Stock for $891,000. Oc. Preferred Stock for $648,000 and Paid-In Capital in Excess of Par-Preferred Stock for $243,000. Od. Preferred Stock for $648,000 and Retained Earnings for $243,000