Rebel Incissued 3,000 No-Par Ordinary Shares with a Stated Value of of $3

Multiple Choice

Rebel Inc.issued 3,000 no-par ordinary shares with a stated value of $3 per share.The market price of the shares on the date of issuance was $12 per share.The entry to record this transaction includes a

A) debit to Cash for $9,000.
B) credit to Share Capital-Ordinary for $36,000.
C) credit to Share Capital-Ordinary for $9,000.
D) debit to Share Premium-Ordinary for $36,000.