Tutu Corp. began operations on Jan 1 2020. Tutu corp is authorized to issue 100,000 shared of it's 4%, $50 per value preferred stock. The company is authorized to issue 500,000 shared of the common stock with a par value of $1 per share. On January 5,2020 the company issued 200,000 shares of common stock for cash at $10 per share . that is the journal entry to record the issuance of the common stock share ?

A) cash 2,000,000

common 2,000,000

b) cash 200,000

common stock 200,000

c)Cash 2,000,000

common stock 200,000

paid capital in excess of par value- common stock 1,800,000

D) cash 2,000,000

common stock 200,000

PAID capital in excess of par value 1,800,000