Sunrise Online issued 500 shares of its $10 common stock in exchange for equipment with a fair market value of $7,500. The entry to record the transaction would include a
A. debit to Equipment for $5,000.
B. debit to Common Stock for $5,000.
C. credit to Paid-In Capital in Excess of Par Value for $2,500.
D. credit to Common Stock Subscribed for $5,000.
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