A company sold 10,000 shares of its own $1 par value common stock for $12,000. The entry to record the sale would include a

Select one:

a. A debit to Common Stock, Par Value, of $10,000 and a debit to Common Stock, Additional Paid in Capital, of $2,000. Cash would be credited $12,000.

b.None of these

c. A credit to Common Stock, Par Value, of $10,000 and a credit to Treasury Stock of $2,000. Cash would be debited $12,000.

d. A credit to Common Stock, Par Value, of $12,000. Cash would be debited $12,000.