Kola-Nut Ltd is an organization which specializes in providing their customers with soft drinks. This week, Kola-Nut Ltd purchased 5910 batches of soda bottles which were placed into the warehouse, and which had a per unit cost of $1100.
A	DR Inventory $6,501,000 CR Cash $6,501,000
B	DR Accounts Payable $1,100 CR Inventory $1,100
C	DR Accounts Payable $6,501,000 CR Inventory $6,501,000
D	DR Inventory $1,100 CR Accounts Payable $1,100
E	None of the above

What was the transaction that would bring about the following entry?
A	The company sold shares of stock
B	The company purchased treasury shares
C	The company generated revenue
D	The company increased retained earnings
E	None of the above

CR Dr $55,000 Cash Common Stock, at Par Additional Paid-in Capital $500 $54,500