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Wren Inc. issues 5,000 shares of $2 par value common stock for $2 a share. What would the journal entry to record this transaction include?

Wren Inc. issues 5,000 shares of $2 par value common stock for $2 a share. What would the journal entry to record this transaction include?

A) A Debit to Cash for $5,000 and a Credit to Common Stock for $5,000

B) A Credit to Cash for $5,000 and a Debit to Common Stock for $5,000

C) A Debit to Cash for $10,000 and a Credit to Common Stock for $10,000

D) A Credit to Cash for $10,000 and a Debit to Common Stock for $10,000

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