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Ryan Company's common stock has a par value of $1.50 per share. The company issues...

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Accounting

Ryan Company's common stock has a par value of $1.50 per share. The company issues 4,000 shares at par value on January 30 of the current year. Which is the correct journal entry to record this transaction?
A. Cash
Common Stock - $1.50 Par Value
B. Common Stock - $1.50 Par Vale Cash
6,000
6,000
C. Cash
Common Stock - $1.50 Par Value
D. Common Stock - $1.50 Par Value
Cash
4,000
4,000
4,000
4,000
6,000
6,000
6,000
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