A cors ration sold 16,000 shares of ts $10 par value common stock at a cash price of $11 per share. The entry to record this transaction would nclude O A credit to Contributed Capital in Excess of Par Value, Common Stock, for $176.000. O A credit to Common Stock for $160,000 O A debit to Contributed Capital in Excess of Par Value, Common Stock, for $16,000 O A credit to Common Stock for $176,000 O A debit to Cash for $160,000
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