ABC Corporation issues 1,000 shares of $10 par value

common stock at $12 per share. In recording the

transaction, credits are made to:

(a) Common Stock $10,000 and Paid-in Capital in

Excess of Stated Value $2,000.

(b) Common Stock $12,000.

(c) Common Stock $10,000 and Paid-in Capital in

Excess of Par $2,000.

(d) Common Stock $10,000 and Retained Earnings $2,000.