Venture Enterprises' Accountant Determined the Following $\text { Common stock, } \$ 0.01 \text { par value } \quad \$ 50,000$

Venture Enterprises' accountant determined the following: $\text { Common stock, } \$ 0.01 \text { par value } \quad \$ 50,000$ Where would this item be reported on Venture's financial statements?

A) In the Stockholders' Equity section of the balance sheet
B) In the Treasury Stock section of the balance sheet
C) On the statement of retained earnings
D) On both the balance sheet and statement of retained earnings