Question: Sunshine Company issued 4,000 shares of its $5 par value common stock in payment of its attorney's bill of $80,000 The bill was for services

Sunshine Company issued 4,000 shares of its $5 par value common stock in payment of its attorney's bill of $80,000 The bill was for services performed in helping the company incorporate. Crain should record this transaction by debiting:

A. Legal Expense for $20,000

B. Organization Expense for $20,000

C. Organization Expense for $80,000

D. Legal Expense for $80,000

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