When a company issues 39,000 shares of $5 par value common stock for $50 per share, the journal entry for this issuance would include a: Multiple Choice Debit to Additional Paid-in Capital for $195,000. Credit to Common Stock for $1,950,000. Debit to Cash for $195,000. Credit to Additional Paid-in Capital for $1,755,000.

When a company issues 39,000 shares of $5 par value common stock for $50 per share, the journal entry for this issuance would include a: Multiple Choice Debit to Additional Paid-in Captal for $195,000 Credit to Common Stock for $1,950,000. Debit to Cash for $195,000. Credit to Additional Paid-in Capital for $1,755,000