Question 9 Not yet answered Marked out of 1.00 P Flag question PQR SAOG issues 2,000,000 5% Redeemable preference stock with a par value of OMR1 at a premium issue price of OMR 1.400 on 1st Jan 2019. Which of the following is TRUE for Debit entry? a.5% redeemable preference shares account with OMR2,000,000 b. Share premium with OMR800,000 c. 5% redeemable preference shares account with OMR2,800,000 d. Bank account with OMR2,800,000 Question 11 Not yet answered Marked out of 1.00 P Flag question ABC Company re-acquired 500 shares of outstanding shares for OMR 2 each on 10th October 2019. The company re-issued 400 shares for OMR 1.500 each on 10th November 2019. Which of the following Journal entry is Correct for re-issue of shares on 10th November 2019? a. Debit Bank OMR 600, Debit Share Premium OMR 200 and Credit Treasury Stock OMR 800 O b. Debit Treasury Stock 1000 Credit Share Premium 200 Credit Bank OMR 800 Oc Debit Bank OMR 1000, Credit Share Premium OMR 200 and Credit Treasury Stock OMR 800 Od Debit Treasury Stock 800 Credit Share Premium 200 Credit Bank OMR 600