The Entry to Record Selling 300 Shares of No-Par Common

The entry to record selling 300 shares of no-par common stock with a stated value of $60 for $70 would be to:

A) debit Cash $21,000; credit Common Stock $21,000.
B) debit Cash $18,000; credit Common Stock $18,000.
C) debit Cash $21,000; credit Common Stock $18,000; debit Paid-in Capital in Excess of Par Value-Common $3,000.
D) debit Cash $21,000; credit Common Stock $18,000; credit Paid-in Capital in Excess of Stated Value-Common $3,000.