For a Noncompensatory Employee Stock Option Plan, a Formal Journal

For a noncompensatory employee stock option plan, a formal journal entry or entries would be required for which of the following dates? $\begin{array}{lll}&\text { Issuance of Stock } & \text { Issuance of StocK } \\&\text { Warrants } & \text { Under the Plan } \\\text { I. } & \text { Yes } & \text { Yes } \\\text { II. } & \text { Yes } & \text { No } \\\text { III. } & \text { No } & \text { No } \\\text { IV } & \text { No } & \text { Yee }\end{array}$

A) I
B) II
C) III
D) IV