Problem related to journal entry to record

Reference no: EM13132653

On March 1, 2015, when the market price of Wilson's stock was $14 per share, 3 million of the options were exercised. The journal entry to record this would include:

A. A debit to paid-in capital - stock options for $42 million.

B. A credit to paid-in capital - excess of par for $255 million.

C. A credit to common stock for $75 million.

D. All of these are correct.

Reference no: EM13132653

Questions Cloud

Find the probability that a shopper made a purchase : Of those who made no purchase, 201 were happy with the service and 221 were not. Use probability rules (when appropriate) to find the probability that a shopper made a purchase.

Did freda actually or constructively receive : What could explain Freda's willingness to spread her salary over a longer period of time?

What is the identity of x : If 175 g of X reacts completely with diboron trioxide to produce 2.43 mol of B4X3, what is the identity of X?

Fourier methods in one dimension : Using the method of separation of variables, solve the partial differential equation u subscript(tt)+2(pi)u subscript(t)-u subscript(xx)=-3sin(3(pi)x) for 0 less than or equal to x less than or equal to 1 with boundary conditions

Problem related to journal entry to record : On March 1, 2015, when the market price of Wilson's stock was $14 per share, 3 million of the options were exercised. The journal entry to record this would include:

International organized crime and domestic organized crime : Why do you think international organized crime is often more profitable than domestic organized crime?

The wilderness training lab : The wilderness training lab 1. 2. Explain Rosie's and Walter's reactions to Rick's computer in terms of resistance to change. How might Rick have used the concepts in this chapter approach the computer situation so as to gain acceptance?

Find probability that another student randomly has iq score : If the student IQ score is 90, what is the probability that another student randomly selected has an IQ score of below 90?

What would be different for each organization : Similarities between manufacturing, non-manufacturing, serviced based businesses and not for profit organizations are.

User Account

All Pages