can you explain in detail why B is the answer please?

21.8 The correct ledger entries needed to record the issue of 200,000 $1 shares at a premium of 30c, and paid for in full, would be I DEBIT Ordinary share capital $200,000 CREDIT Share premium account $60,000 CREDIT Cash ecogoiq ebns $140,000 m DEBIT Cash $260,000 CREDIT Ordinary share capital 10 S bi $200,000 CREDIT Share premium account $60,000 O DEBIT Ordinary share capital $200,000 CREDIT Share premium account $60,000 CREDIT Cash $260,000 DEBIT Cash $200,000 DEBIT Share premium account $60,000 CREDIT Ordinary share capital $260,000