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Cauliflower Ltd issued 100,000 1 shares at 1.50 per share. Which of the following will occur as a result of the share issue? Shareholders' equity
Cauliflower Ltd issued 100,000 1 shares at 1.50 per share. Which of the following will occur as a result of the share issue?
| Shareholders' equity will increase by 150,000. |
| Share capital will increase by 150,000. |
| Share premium will increase by 150,000. |
| The share issue will raise 100,000. |
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
11th Edition
0131867121, 978-0131867123
