Bentley Corporation received cash from issuing 10,000 shares of common stock at par on January 1, 2024. The stock has a par value of $0.05 per share. Which is the correct journal entry to record this transaction? A. Paid - In Capital in Excess of Par - Common is debited for $9,500, and Common Stock-$0.05 Par Value is credited for $9,500. O B. Cash is credited for $10,000 and Common Stock-$0.05 Par Value is debited for $10,000. OC. Cash is debited for $500, and Common Stock-$0.05 Par Value is credited for $500. O D. Cash is debited for $10,000, Common Stock-$0.05 Par Value is credited for $500, and Paid - In Capital in Excess of Par - Common credited for $9,500