If common stock is issued for an amount greater than par value, the excess should be credited to
a. Cash.b. Retained Earnings.
c. Paid-in Capital in Excess of Par Value.
d. Legal Capital.
If common stock is issued for an amount greater than par value, the excess should be credited to
b. Retained Earnings.
c. Paid-in Capital in Excess of Par Value.
d. Legal Capital.