$.$ On December $1,2023,$ Dee Ltd$.$ agreed to sell $40,000$ of its no par common shares on a subscription basis. On that day, $25\%$ of the subscription price was collected as a down payment, with the remaining $75\%$ due in $2024.$ On the December $31,2023$ statement of financial position, the shareholders' equity section would report

Question $14$Select one:

a$.$

common shares subscribed for $75\%$ of the subscription price.

b$.$

common shares issued for $100\%$ of the subscription price less a subscription receivable for $75\%$ of the subscription price.

c$.$

common shares issued for $25\%$ of the subscription price.

d$.$

common shares subscribed for $100\%$ of the subscription price less a subscription receivable for $75\%$ of the subscription price.