Diamonds Forever Corporation Received Subscriptions for 100 Shares of Its

Diamonds Forever Corporation received subscriptions for 100 shares of its $100 par value common stock for $120 per share.The entry to record the receipt of the subscriptions would include a:

A) debit to Common Stock Subscribed for $10,000.
B) debit to Subscriptions Receivable-Common Stock for $10,000.
C) credit to Paid-in Capital in Excess of Par Value-Common for $2,000.
D) credit to Common Stock to be Outstanding $12,000.