Sox Ltd Has Two Classes of Ordinary Shares: 100 000

Sox Ltd has two classes of ordinary shares: 100 000 fully paid A ordinary shares (paid-up share capital $100 000) and 25 000 fully paid B ordinary shares (paid-up share capital $100 000) .The company was placed in liquidation.Liquidator's fees totaled $85 000, the assets were sold for $1 775 000 and these assets had a carrying amount of $1 600 000.
-Which of the following entries is most likely to correctly show the members' distribution account of Sox Ltd?

A) $\begin{array} { l c c } & \text { Debit (\$) } & \text { Credit (\$) } \\\text { Paid-up capital } - \text { A ordinary } & & 100000 \\\text { Paid-up capital - B ordinary } & & 100000 \\\text { Retained profits } & ? & \\\text { Reserves } & ? & \\\text { Liquidation } & ? & \\\text { Receipts and payments account } & ? &\end{array}$
B) $\begin{array}{lcc}& \text { Debit (\$) } & \text { Credit (\$) }\\\text { Paid-up capital }-\text { A ordinary } &&100000 \\\text { Paid-up capital }-\text { B ordinary } & &100000 \\\text { Retained profits } &? & \\\text { Reserves } & &? \\\text { Liquidation } & ? & \\\text { Receipts and payments account } & ? & \end{array}$

C) $\begin{array}{lcc}& \text { Debit (\$) } & \text { Credit (\$) }\\\text { Paid-up capital }-\text { A ordinary } &&100000 \\\text { Paid-up capital }-\text { B ordinary } & &50000 \\\text { Retained profits } &? & \\\text { Reserves } & &? \\\text { Liquidation } & ? & \\\text { Receipts and payments account } & ? & \end{array}$


D) $\begin{array} { l r r } & \text { Debit (\$) } & \text { Credit (\$) } \\\text { Paid-up capital } - \text { A ordinary } & 100000 & \\\text { Paid-up capital } - \text { B ordinary } & 50000 & ? \\\text { Retained profits } & & ? \\\text { Reserves } & & ? \\\text { Liquidation } & & ?\end{array}$