K point(s) possible Suppose House and Garden Furniture issued 250,000 shares of $0.09 par common stock at $5 per share. Which journal entry correctly records the issuance of this stock? OA Date Accounts and Explanation Debit Credit Common Stock-$0.09 Par Value 1,250,000 OW Cash 22.500 Paid-In Capital in Excess of Par-Common 1,227,500 OB. Date Accounts and Explanation Debit Credit 1,250,000 Cash Common Stock-$0.09 Par Value 1.250.000 OC. Date Accounts and Explanation Debit Credit Common Stock-$0.09 Par Value - 1,250,000 1.250,000 Cash DX Time Remaining: 00:14 48 Submit quiz upgrade to remove ads