QUESTION $8$

Which of the following is included in the entry to record the issuance of $14,000$ shares of $$7$ par value common stock at $$21$ per share for cash?

A$.$ Cash is debited for $$294,000.$

B$.$ Paid$-$In Capital in Excess of Par$-$Common is debited for $$196,000.$

C$.$ Common Stock is credited for $$294,000.$

D$.$ Common Stock is debited for $$98,000.$