On January $1,2021,$ a new corporation was formed to promote peace and civility.$$ The company was named Trupenbisys Inc.$$ They had $1,000,000$ shares of authorized common stock and issued $10,000$ shares of common stock.$$ The stock carried a par value of $$1$ per share and sold for $$9\mathrm{.}00$ per share.$$ Which of the journal entries below correctly reflects the issuance of the stock on Trupenbisys's books?$$

Multiple Choice

Cash$$ $$90,000$

$$Common Stock$$$$90,000$

Cash$$$$90,000$

$$Common Stock$$$$10,000$

$$Excess Paid$-$In Capital$$ $$80,000$

Common Stock$$ $$90,000$

$$Cash$$ $$90,000$

Common Stock$$$$10,000$

Excess Paid$-$In Capital$$ $$80,000$

$$Cash$$ $$90,000$

$$

Common Stock$$$$90,000$

$$Excess Paid$-$In Capital$$ $$80,000$

$$Cash$$ $$10,000$