pleaseeeeee help me!!!!!!!!!!!

The Logan Company issued 140 shares of its $12 par value stock for $14 per share. The entry to record the receipt of cash and issuance of the stock would include a
A. debit to Cash for $1,680 and a credit to Common Stock for $1,680.
B. debit to Cash for $1,960.
C. credit to Common Stock for $1,960.
D. debit to Discount on Common Stock for $280.

Question

pleaseeeeee help me!!!!!!!!!!!

The Logan Company issued 140 shares of its $12 par value stock for $14 per share. The entry to record the receipt of cash and issuance of the stock would include a
  A. debit to Cash for $1,680 and a credit to Common Stock for $1,680. 	
  B. debit to Cash for $1,960. 	
  C. credit to Common Stock for $1,960. 	
  D. debit to Discount on Common Stock for $280.

dan815 · Answer

D. debit to Discount on Common Stock for $280. ???

anonymous · Answer

I have no clue.. but i know its not A. @dan815

dan815 · Answer

me neither these terms are confusing

dan815 · Answer

@abb0t