View Policies Current Attempt in Progress The Concord Corporation issues 6300 shares of $100 par value preferred stock for cash at $130 per share. The entry to record the transaction will consist of a debit to Cash for $819000 and a credit or credits to Preferred Stock for $819000 Preferred stock for 5630000 and Paid-in Capital in Excess of Par-Preferred Stock for $189000. Pald-in Capital from Preferred Stock for $819000. Preferred Stock for $630000 and Retained Earnings for $189000. Save for Later Attempts:0 of 1 used Submit