Luck Corporation issues 100 shares of $10 par value preference shares at $12 per share .In recording the transaction, debit are made to Select one: a. cash 1,200 b. preference shares 1,000 and share premium -preference 200 C. preference shares 1,200 d. cash 1,000 o Stockholders of a corporation directly elect the president of the corporation. Select one: O True O False