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Q15 16 plz give correct answer in 15mins thanks QUESTION 15 If Kiner Company issues 5,400 ordinary shares with a $5 par value for $96,000,
Q15 16 plz give correct answer in 15mins thanks
QUESTION 15 If Kiner Company issues 5,400 ordinary shares with a $5 par value for $96,000, the account O Share Capital-Ordinary will be credited for $27,000 Share Premium-Ordinary will be credited for $27,000 Share Premium-Ordinary will be credited for $96,000. O Cash will be debited for $69,000 QUESTION 16 King George Company was authorized to issue 100,000 ordinary shares. The company issued 54,000 shares and later purchased 10,000 treasury shares. The number of outstanding ordinary shares is: O 90,000 46,000 54,000 44,000Step by Step Solution
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