pls try to resolver these questions for questions 1 the option 2 (500,00 ) was incorrect

the question 2 was also incorrect for third opinion pls try to solve carful

Your answer is incorrect. Duszynski Company issues 20,000 shares of its 0.50 par value ordinary shares having a market value of 25 per share and 6,000 shares of its 25 par value preference shares having a market value of 50 per share for a lump sum of 750,000. The proceeds allocated to the ordinary shares is 450,000 500,000 O 468,750 705,000 Southern Corporation has outstanding 200,000 shares of 10 par value ordinary shares. The corporation declares a 5% share dividend when the fair value of the ordinary shares is 60 per share. The journal entry on the date of declaration will include which of the following? Credit Share Premium-Ordinary 500,000. Credit Ordinary Share Dividend Distributable 100,000. Debit Retained Earnings 600,000. O Debit Ordinary Share Dividend Distributable 10,000