When a company issues 25,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would include:
A) A debit to Cash for $25,000.
B) A debit to Additional Paid-in Capital for $25,000.
C) A credit to Common Stock for $250,000.
D) A credit to Additional Paid-in Capital for $225,000.
Answer: D
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