Caesar Cruise Lines, Inc B) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 6,000 & \\\hline \text { Common Stock } & & 6,000 \\\hline\end{array}$$

Caesar Cruise Lines, Inc. issues 6,000 shares of common stock with a $1 par value. The issue price of the stock is $20 per share. What is the journal entry required to record the issuance of the shares?

A) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 120,000 & \\\hline \text { Common Stock } - \$ 1 \text { par } & & 6,000 \\\hline \text { Addl. Paid-in Capital in Excess of Par-Common } & & 114,000 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 6,000 & \\\hline \text { Common Stock } & & 6,000 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 20,000 & \\\hline \text { Common Stock } - \$ 1 \text { par } & & 6,000 \\\hline \text { Addl. Paid-in Capital in Excess of Par-Common } & & 14,000 \\\hline\end{array}$$
D) $$\begin{array} { | l | l | l | } \hline \text { Cash } & 120,000 & \\\hline \text { Common Stock } & & 120,000 \\\hline\end{array}$$