11. A corporation was formed on January 1. The corporate charter authorized 200,000 shares of $10 par value common stock. During the first month of operation, the corporation issued 1,500 shares of stock for $32,500 cash. The entry to record this transaction would include: A. A debit to Cash for $15,000. B. A debit to Organization Expenses for $17,500. C. A credit to Common Stock for $15,000. D. A credit to Contributed Capital in Excess of Par Value, Common Stock for $5,000