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  3. wynola, inc. issued 1,000 shares of common stock a

Wynola, Inc. issued 1,000 shares of common stock at $10 per share. If the stock...

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Accounting

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Wynola, Inc. issued 1,000 shares of common stock at $10 per share. If the stock has a par value of $4 per share, which of the following will be part of the journal entry to record the issuance? Debit to Cash for $4,000 Credit to Paid-in Capital in Excess of Par Value for $10,000 Credit to Common Stock for $4,000 Debit to Retained Earnings for $6,000

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