Hsu, Inc Issued 10,000 Shares of Stock at a Stated Value

Hsu, Inc. issued 10,000 shares of stock at a stated value of $8/share. The total issue of stock sold for $15 per share. The journal entry to record this transaction would include a

A) debit to Cash for $80,000.
B) credit to Common Stock for $80,000.
C) credit to Paid-in Capital in Excess of Par for $150,000.
D) credit to Common Stock for $150,000.