Canton, Inc. issued 10,000 shares of $1 par value common stock at $10 per share. Mr. Smart, the bookkeeper, recorded this transaction with a $100,000 debit to Cash and a $100,000 credit to Common stock. As a result of this entry:

A) Additional Paid-In Capital will be understated.

B) equity will be overstated.

C) total stockholders' equity will be understated.

D) total assets will be overstated.