On Jan 1st, Fast Forward lists on the New York Stock Exchange and sells 10,000 shares of stock at $10 per stock during its Initial Public Offering (IPO). Which of the following journal entries does Fast Forward record on Jan 1st? Account Equity ownership Cash Debit Credit 100,000 100,000 Account Debit Credit Cash 100,000 Common stock 100,000 Account Debit Credit Cash 100,000 Deferred 100,000 revenue Account Cash Debit Credit 100,000 Stock debt 100,000