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A company was formed on 1 March 2019 by issuing 2,000,000 equity shares at OMR 0.500 each. a. Pass the journal entries for the above
A company was formed on 1 March 2019 by issuing 2,000,000 equity shares at OMR 0.500 each. a. Pass the journal entries for the above information. Dr. Equity share capital account OMR 1,000,000 Cr. Bank account OMR 1,000,000 Dr. Bank account OMR 1,000,000 Cr. Share premium account OMR 1,000,000 Dr. Bank account OMR 1,000,000 Cr. Equity share capital account OMR 1,000,000 None of the listed choices If the company issued 2,000,000 more shares at OMR 0.700 each on 31 July 2019, Assume Cash at Bank to 2,000,000. How much amount of total share capital will be shown in the SOFP? If the company issued 2,000,000 more shares at OMR 0.700 each on 31 July 2019, Assume Cash at Bank to be RO 2,000,000. How much amount of total share capital will be shown in the SOFP? OMR 1,400,000 OMR 1,000,000 OMR 2,000,000 None of the listed choices
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