The account that is a current asset on balance sheet representing the amount due on stock subscriptions is:

A) Common Stock Subscribed.
B) Preferred Stock Subscribed.
C) Stock Subscription.
D) Subscriptions Receivable-Common Stock.

Subscriptions Receivable-Common Stock is considered a current asset on the balance sheet because it represents the amount that is due to the company from subscribers for the purchase of its stock, but which has not yet been paid. This contrasts with the actual stock accounts (Common or Preferred Stock Subscribed), which represent equity rather than assets.