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B made an issue of 150,000 $1 ordinary shares at a premium of 20% the proceeds of which is received by cheque. What is

 

B made an issue of 150,000 $1 ordinary shares at a premium of 20% the proceeds of which is received by cheque. What is the correct journal to record this? A. Bank Share capital Share premium B. Bank Share premium C. Bank Share capital D. Bank Share premium Share capital Dr $180,000 $180,000 $180,000 $150,000 Cr $150,000 $30,000 $180,000 $180,000 $30,000 $120,000

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