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The entry to record the issuance of 8,000 shares of $5 par value common stock at $9 per share includes a: a) debit to paid-in
The entry to record the issuance of 8,000 shares of $5 par value common stock at $9 per share includes a: a) debit to paid-in capital in excess of par value-common for $32,000 b) credit to paid-in capital in excess of par value-common for $40,000 c) credit to common stock for $72,000 d) credit to common stock for $40,000
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