In Exchange for $1,500 Legal Services to Help Set Up

In exchange for $1,500 legal services to help set up the new company,Hickory Grove Corporation issued 100 shares of $10 par value stock to its attorney.The entry to record the issuance of the stock would include a:

A) credit to Common Stock for $1,000.
B) debit to Common Stock for $1,000.
C) credit to Common Stock for $1,500.
D) debit to Paid-in Capital in Excess of Par Value for $500.