Alt corp. issues 3,000 shares of $10 par value common stock at $14 per share. when the transaction is recorded, credits are made to: a. common stock $30,000 and paid-in capital in excess of stated value $12,000.b. common stock $28,000.c. common stock $30,000 and paid-in capital in excess of par value $12,000.d. common stock $30,000 and retained earnings $12,000.

c. Common Stock $30,000 and Paid-in Capital in Excess of Par Value $12,000

Explanation:

The journal entry for the issue of shares is shown below:

Cash A/c Dr $ (3,000 shares × $14 per share) = $42,000

   To common stock  (3,000 shares × $10 per share) = $30,000

   To Paid-in Capital in Excess of Par Value  $12,000

(Being issue of shares recorded)

So, the cash account is debited whereas the common stock and paid-in capital should be credited

And, the remaining balance should be transferred to the Paid-in Capital in Excess of Par Value

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !