South Beach Apparel issued $10,000$ shares of $$1$ par value stock for $$5$ per share. What is true about the journal entry to record the issuance? $q,$

Credit Additional Paid$-$in Capital $$10,000.$

Credit Additional Paid$-$In Capital $$40,000.$

Credit Common Stock $$50,000.$

Debit Common Stock $$10,000.$