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ABC Corporation issues 1,000 shares of $10 par value ordinary shares at $13 per share. In recording the transaction, credits are made to: Select one:
ABC Corporation issues 1,000 shares of $10 par value ordinary shares at $13 per share. In recording the transaction, credits are made to: Select one: a. ordinary Shares $10,000 and share premium 3,000 b. ordinary shares $10,000 and Retained Earnings 3,000 O C. ordinary Shares $13,000 d. cash 13,000
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
