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Copeland Company is authorized to issue 80,000 shares of $5 par ordinaary share. On July 30, 20X6, Copeland issued 5,000 shares at $10 per share.
Copeland Company is authorized to issue 80,000 shares of $5 par ordinaary share. On July 30, 20X6, Copeland issued 5,000 shares at $10 per share. Copeland's journal entry to record these facts should include a ... O A. credit to Paid-in Capital in Excess of Par for $50,000. OB. debit to ordinary shares for $50,000 O C. credit to ordinary shares for $25,000. OD. both a and c
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