Laurie Dexter Starts a Business Called Camden Cleaning

Multiple Choice

Laurie Dexter starts a business called Camden Cleaning.Dexter invests $10,000 cash in Camden in exchange for its common stock.How would Camden record this transaction?

A) Debit Cash for $10,000 and credit Cleaning Revenue for $10,000.
B) Credit Cash for $10,000 and credit Cleaning Revenue for $10,000.
C) Debit Cash for $10,000 and credit Common Stock for $10,000.
D) Debit Cash for $10,000 and debit Common Stock for $10,000.
E) Debit Common Stock for $10,000 and credit Cash for $10,000.