TB MC Qu$.11-100($Algo$)$ A corporation issued...

A corporation issued $200$ shares of its $$5$ par value common stock in payment of a $$2,800$ charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include:

Multiple Choice

$$ A $$2,800$ credit to Common Stock.

$$ A $$2,800$ debit to Common Stock.

$$ A $$1,800$ credit to Paid$-$in Capital in Excess of Par Value, Common Stock.

$$ A $$1,000$ debit to Organization Expenses.

$$ A $$2,800$ credit to Cash.