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A Company decided to incorporate the statutory reserves in amount of 800 lei into the share capital by issuing new shares (one new for five

A Company decided to incorporate the statutory reserves in amount of 800 lei into the share capital by issuing new shares (one new for five old). Choose the correct accounting formula to register the increase in share capital.

Treasury stock = Share capital 800

Statutory reserves = Treasury stock 800

Statutory reserves = Share capital 800

Share capital = Statutory reserves 800

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