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Cr. Share premium from treasury stock transactions 250,000 4. What is the necessary journal entry to record the subscription settlement on December 31, 2018? a.

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Cr. Share premium from treasury stock transactions 250,000 4. What is the necessary journal entry to record the subscription settlement on December 31, 2018? a. Dr. Cash 425,000 Cr. Subscriptions receivable 350,000 Cr. Retained earnings 75,000 b. Dr. Cash 375,000 Cr. Subscriptions receivable 350,000 Cr. Retained earnings 25,000 C. Dr. Cash 350,000 Cr. Subscriptions receivable 350,000 d. No entry adjustment is necessary

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