On December 1, 2014, Dee Ltd

On December 1, 2014, Dee Ltd.agreed to sell 40,000 of their no par common shares on a subscription basis.On that day, 25% of the subscription price was collected as a down payment, with the remaining 75% due in 2015.On the December 31, 2014 statement of financial position, the shareholders' equity section would report

A) common shares issued for 25% of the subscription price.
B) common shares issued for 100% of the subscription price less a subscription receivable
For 75% of the subscription price.
C) common shares subscribed for 75% of the subscription price.
D) common shares subscribed for 100% of the subscription price less a subscription
Receivable for 100% of the subscription price