When a company issues 28,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would include: Multiple Choice A credit to Additional Pald-In Capital for $252,000. A debit to Cash for $28,000. A credit to Common Stock for $280,000. A debit to Additional Paid-In Capital for $28,000. A company issued 1,200 shares of $6 par value preferred stock for $7 per share. What is true about the Journal entry to record the issuance? Multiple Choice Credit Cash $8,400 Credit Preferred Stock $8,400 Debit Preferred Stock $8,400 Credit Additional Pald-In Capital $1,200