7 Luck Corporation issues 100 shares of $10 par value preference shares at $12 per share in recording the transaction, credits are made to ed al out of question Select one: a preference shares 1000 b. preference shares 1200 c. cash 1200 d. preference shares 1000 and share premium preference 200 10 if X and Y agree to establish partnership with total capital 36,000 divided 3:1 respectively what is the amount of X capital Select one: a. 9.000 b. 16.000 c. 24.000 d. 27,000