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:

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 Additional Paid-in Capital for $250,000.

D) A credit to Common Stock for $25,000.


Answer: D


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