Kaenzig Coffee Company Issued 1000 Shares of No-Par Common Stock $\begin{array}{llr} \text {Cash } &11,000\\ \text { Common Stock} &&11,000\\\end{array}$

Kaenzig Coffee Company issued 1000 shares of no-par common stock for $11000. Which of the following journal entries would be made if the stock has a stated value of $2 per share? a.
$\begin{array}{llr} \text {Cash } &11,000\\ \text { Common Stock} &&11,000\\\end{array}$

b.
$\begin{array}{llr} \text { Cash } &11,000\\ \text { Common Stock} &&2,000\\ \text { Paid-in Capital in Excess of Par} &&9,000\end{array}$

c.
$\begin{array}{llr} \text {Cash } &11,000\\ \text { Common Stock } &2,000\\ \text { Paid-in Capital in Excess of Stated Value } &9,000\end{array}$

d.
$\begin{array}{llr} \text { Common Stock} &11,000\\ \text { Cash} &&11,000\\\end{array}$