A corporation issued 450 shares of its $20 par value common stock in payment of a $9,610 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include:
A $9,610 credit to Cash.
A $610 credit to Contributed Capital in Excess of Par Value, Common Stock.
A $9,610 credit to Common Stock.
A $9,610 credit to Legal Expenses.
A $4,500 debit to Organization Expenses.