* Your answer is incorrect. When the cash proceeds from a bond issued with detachable stock warrants exceed the sum of the par value of the bonds and the fair value of the warrants, the excess should be credited to retained earnings. additional paid-in capital from stock warrants. O a liability account. O premium on bonds payable. * Your answer is incorrect. When the cash proceeds from a bond issued with detachable stock warrants exceed the sum of the par value of the bonds and the fair value of the warrants, the excess should be credited to retained earnings. additional paid-in capital from stock warrants. O a liability account. O premium on bonds payable.