Suppose Quality Home Imports issued 300,000 shares of $0.02 par common stock at $4 per share. Which journal entry correctly records the issuance of this stock? Date Accounts and Explanation Debit Credit O A. Common Stock$0.02 Par Value 1,200,000 Cash 6,000 1,194,000 Paid-In Capital in Excess of Par-Common | 1,200,000 Cash Common Stock$0.02 Par Value Paid-In Capital in Excess of Par-Common 6,000 1,194,000 OC. Common Stock$0.02 Par Value 1,200,000 Cash 1,200,000 D. 1,200,000 Cash Common Stock$0.02 Par Value 1,200,000