Question
22.When accounting for share issues, the ultimate debit and credit entries are to which accounts? Group of answer choices 1.DR Bank; CR Share capital 2.DR
22.When accounting for share issues, the ultimate debit and credit entries are to which accounts?
Group of answer choices
1.DR Bank; CR Share capital
2.DR Bank; CR Allotment
3.DR Share Capital; CR Bank
4.DR Application; CR Share capital
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine, Christopher D. Burnley
8th Canadian Edition
111959457X, 978-1119594574
