A company issues 200,000 ordinary shares with a par value of 50 pence each at an issue price of £1.40 per share, fully paid. Which of the following journal entries correctly records this issue?

(A) Dr Cash at bank £280,000, Cr Ordinary share capital £100,000, Cr Share premium £180,000

(B) Dr Cash at bank £280,000, Cr Ordinary share capital £200,000, Cr Share premium £80,000

(C) Dr Ordinary share capital £100,000, Dr Share premium £180,000, Cr Cash at bank £280,000

(D) Dr Ordinary share capital £200,000, Dr Share premium £80,000, Cr Cash at bank £280,000