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PQR SAOG issues 1,000,000 7% Redeemable preference stock with a par value of OMR1 at a premium of OMRO.200 on 1st Jan 2019. Which of

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PQR SAOG issues 1,000,000 7% Redeemable preference stock with a par value of OMR1 at a premium of OMRO.200 on 1st Jan 2019. Which of the following is TRUE for Debit entry? a. Bank account with OMR1,000,000 b. 7% redeemable preference shares account with OMR1,200,000 c. Share premium OMR200,000 O d. Bank account with OMR1,200,000

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