The issuance of 700 shares of $3 par value common stock for $12 per share would be recorded with which of the following journal entries? O A DEBIT to Cash for $8,400; A CREDIT Common Stock for $2,100, A CREDIT to Paid-in Capital in Excess of Par for $6,300 O A DEBIT to Cash for $8,400, A CREDIT to Common Stock for $2,100, A CREDIT to Retained Earnings for $6,300 O A DEBIT to Cash for $2,100; A CREDIT to Common Stock for $2,100 O A DEBIT to Cash for $8,400, A CREDIT to Common Stock for $2,100, A CREDIT to Gain on Sale of Stock for $6,300 O A DEBIT to Cash for $6,300; A CREDIT to Common Stock for $6,300 Question 5 1 pts Using the data below from Oklahoma LLC, compute Current Ratio. Note: The retained earnings amount reported is as of the END of the year (after closing entries have been made). $170 Accounts Payable Accounts Receivable 210 230 Capital Stock Cash 70 1,100 Cost of Goods Sold Inventory 390 Long-term Debt 820 Net Income 180 1,100 Plant, Property, and Equipment (net) Retained Earnings Sales 460 2,200 O 21 O 1.44 O 1.79 OO O 1.18 O 3.94