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on january 1, 2020, nero company was authorized to issue 10,000 shares of P2 par ordinary shares. given this infromation, if the company issued 3,000
on january 1, 2020, nero company was authorized to issue 10,000 shares of P2 par ordinary shares. given this infromation, if the company issued 3,000 shares of ordinary shares for 7 per share on january 10, 2020, the entryto record the issuance of the shares would include a :
a. credit to paid in capital in excess of par, ordinary shares of 6000
b. debit to cash of 6000
c. credit to ordinary shares of 6000
d. debit to cash of 15000
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