Use the Following Information to Answer Questions 57-58

question 96

Multiple Choice

Use the following information to answer questions 57-58.
Minosh Corp. is authorized to issue 400,000 no par value common shares. Subscribers agree to purchase shares at $ 12 per share with a 30% down payment.
-Assume that subscribers agree to purchase 75,000 shares and make the required down payment. The journal entry to record receipt of the subscriptions includes a

• A) debit to Common Shares Subscribed for $ 900,000.
• B) credit to Common Shares Subscribed for $ 900,000.
• C) credit to Common Shares for $ 270,000.
• D) credit to Subscriptions Receivable for $ 670,000.

---

Definitions:

Appraisal-focused

Involves modifying the way one thinks about a stressful situation or challenge.

Emotion

A complex psychological state that involves a subjective experience, a physiological response, and a behavioral or expressive response.

Actively Seeking Help

The process of looking for assistance or guidance deliberately and consciously from others.

Time Pressure

The stress or anxiety that arises from having to complete tasks within a limited timeframe.