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the entry to record MidIowa.net selling 800 shares of $6.00 par value common stock at...

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Accounting

the entry to record MidIowa.net selling 800 shares of $6.00 par value common stock at $8.00 would be to:

a. debit cash $6,400; credit common stock $4,00; credit paid in capital in excess of par value-common $1,600.

b. debit cash $4,800; credit common stock $4,800.

c. debit cash $6,400; debit paid-in capital in excess of par value-common $1,600; credit common stock $8,000.

d. None of the above.

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