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On 7 t red d out of 8 tion ABC Ltd have issued 210,000 ordinary shares at a price of 1.30 each. The shares
On 7 t red d out of 8 tion ABC Ltd have issued 210,000 ordinary shares at a price of 1.30 each. The shares have a nominal value of 90 pence each, What is the journal to enter this share issue into the accounting records? Select one: A. DR Bank 273,000/CR Share capital 273,000 B. DR Share capital E273,000/ CR Share premium 273,000 OC DR Bank E273,000/CR Share capital 189,000/CR Share premium 84,000 OD. DR Bank 27,300,000/CR Share capital 18,900,000/CR Share premium 840,000
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
