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Jahnke Corporation issued 1 0 , 0 0 0 shares of 2 par value ordinary shares for 1 1 per share. The journal entry to

Jahnke Corporation issued 10,000 shares of 2 par value ordinary shares for 11 per share. The journal entry to record the sale will include
Select one alternative:
a credit to Share PremiumOrdinary for 90,000.
a credit to Share CapitalOrdinary for 110,000.
a debit to Retained Earnings for 27,500.
a debit to Cash for 20,000.

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