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QUESTION 2 2 points Save Answer Which of the following journals correctly record a bonus issue of shares? A. Debit Investments, Credit Cash at bank
QUESTION 2 2 points Save Answer Which of the following journals correctly record a bonus issue of shares? A. Debit Investments, Credit Cash at bank B. Debit Cash at bank, Credit Share capital Oc Debit Share capital, Credit Share premium OD. Debit Share premium, Credit Share capital QUESTION 3 2 points Save Answer A manager is setting the price of a product. He is considering either using a 12% sales margin or 15% cost mark-up method. What would the selling price be, if his cost of sales is 45? A. 50.40 margin or 51.75 mark-up B.51.14 margin or 52.92 mark-up Oc51.40 margin or 52.94 mark-up D.51.14 margin or 51.75 mark-up
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