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Abc sells 400 shares of its $23 par common stock for $27. the entry would entail credit(s) to

14/11/2020 Client: arwaabdullah Deadline: 2 Day

ABC sells 400 shares of its $23 par common stock for $27. The entry would entail credit(s. to __________.

A. Cash for $9,200

B. Paid-in Capital in Excess of Par-Common for $800; Common Stock for $10,800

C. Paid-in Capital in Excess of Par-Common for $1,600; Common Stock for $9,200

D. Common Stock for $10,800

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