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Wildhorse Co. Issued 500 shares of no-par common stock for $7500. Which of the following journal entries would be made if the stock has no

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Wildhorse Co. Issued 500 shares of no-par common stock for $7500. Which of the following journal entries would be made if the stock has no stated value? Cash 7500 Common Stock - No-Par Value 7500 Cash 7500 500 Common Stock - No-Par Value Paid-in Capital in Excess of Stated Value 7000 7500 Common Stock - No-Par Value Cash 7500 Cash 7500 Common Stock - No-Par Value 500 Paid-in Capital in Excess of Par 7000

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