Anderson Industries Purchased 1,000 Shares of the Company's Issued Common

Anderson Industries purchased 1,000 shares of the company's issued common stock,paying $10 per share.To record the purchase,the journal entry will be:

A) Debit to Common Stock $10,000,credit to Cash $10,000
B) Debit to Treasury Stock $10,000,credit to Common Stock $10,000
C) Debit to Treasury Stock $10,000,credit to Cash $10,000
D) No journal entry is needed.