Marked out of 1.00 p Flag question Question 5 Not yet answered ABC Ltd was registered as a corporation on 1 July 2018. On 3 July 2018, ABC Ltd issued a prospectus offering 10 000 ordinary shares at an issue price of $5.00 each, payable $5.00 on application. Application closed on 1 August 2018 with the company having received applications for 15 000 shares. The shares were allotted on 15 August 2018, with the over-subscription amount being refunded to unsuccessful applicants. The share issuing cost of $1,000 is paid on 1 Sep. 2018, what is the balance in the Share Capital account by that time: O a. $49,000 CR. O b. $50 000 CR. O c. 550 000 DR. O d. 549 000 DR