Cey Inc.issued 10000 shares of stock at a stated value of $10/share.The total issue of stock sold for $15/share.Recording this transaction would include an
A) increase to Cash for $100000.
B) increase to Common Stock for $100000.
C) increase to Paid-in Capital in Excess of Par Value for $50000.
D) increase to Common Stock for $150000.
Correct Answer:
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