A corporation issued 100 shares of its $5 par value common stock in payment of a $1,800 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include:

A $1,300 Credit to Paid in Capital in excess of par Common stock.

Explanation:

Common Stock value=Shares* Par value per share

Common Stock=100*$5

Common Stock=$500.

First we will prepare journal Entry:

Account                                    Debit                                Credit

Organization Expense              $1,800

Common Stock                                                                 $500

Paid in Capital in excess                                                  $1,300

of par Common stock.

So Correct option is:

A $1,300 Credit to Paid in Capital in excess of par Common stock.

answer; ///i believe the correct answer is (c) laissez-faire;

agriculture and oil. natural resources, industry.