Finest, Inc $\quad$ $\quad$ $\quad$ Common Stock 135,000
B) Cash 135,000

Finest, Inc. issued 750 shares of no-par common stock, with no stated value, for $180 cash per share. The journal entry to record this transaction is:

A) Cash 135,000
$\quad$ $\quad$ $\quad$ Common Stock 135,000
B) Cash 135,000
$\quad$ $\quad$ $\quad$ Paid-in Capital in Excess of Par Value 135,000
C) Cash 135,000
$\quad$ $\quad$ $\quad$ Common Stock 45,000
$\quad$ $\quad$ $\quad$ Paid-in Capital in Excess of Par Value 90,000
D) Cash 135,000
$\quad$ $\quad$ $\quad$ Common Stock 1,800
$\quad$ $\quad$ $\quad$ Paid-in Capital in Excess of Par Value 133,200