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Clippers Co. sold 500 shares of $0.05 par value common stock for $15 per share. The journal entry to record this transaction will include... O

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Clippers Co. sold 500 shares of $0.05 par value common stock for $15 per share. The journal entry to record this transaction will include... O A. A Credit to Additional Paid in Capital - Common Stock of $7,475 B. A Credit to Common Stock of $7,500 C. A Credit to Additional Paid in Capital - Common Stock of $25 D. A Credit to Common Stock of $250

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