S Company issued 1,000 shares of common stock at $10 per share. If the stock has a par value of $4 a share, the journal entry to record the issuance would include a
a. Credit to Common Stock for $4,000.
b. Debit to Cash for $4,000.
c. Credit to Paid-in-Capital in Excess of Par for $10,000.
d. Debit to Retained Earnings for $6,000.
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