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ABC Company has issued and paid up capital of OMR 20,000 OMR 1 par value common stock. The current market price of each share is

ABC Company has issued and paid up capital of OMR 20,000 OMR 1 par value common stock. The current market price of each share is OMR 4. The company board decided a 2-for-1 stock split. The account to be debited for this transaction is:

Share Premium Account.

No entry to be recorded.

Treasury Stock Account

Bank Account.

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