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on 17 ABC Corporation issues 1,000 shares of $10 par value ordinary shares at $13 per share. In recording the transaction, credits are made to:
on 17 ABC Corporation issues 1,000 shares of $10 par value ordinary shares at $13 per share. In recording the transaction, credits are made to: d out of question Select one: O a. ordinary Shares $10,000 and share premium 3,000 b. ordinary Shares $13,000 C. cash 13,000 d. ordinary shares $10,000 and Retained Earnings 3,000 on 18 Luck Corporation issues 100 shares of $10 par value preference shares at $12 per share .In recording the transaction, debit are made to d out of question Select one: a. preference shares 1,200 b. cash 1,200 c. cash 1,000 d. preference shares 1,000 and share premium -preference 200 In 19 the loan from partner , the debit side will be Select one: at of a. No entry b. partner capital estion c. partner loan d. cash
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