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Recently, Aloha Ltd issued 50,000 shares with a par value of $0.50 at $1.00 each. Which of the following is true? a. Ordinary share
Recently, Aloha Ltd issued 50,000 shares with a par value of $0.50 at $1.00 each. Which of the following is true? a. Ordinary share capital will increase by $50,000 and share premium will be unaffected b. Ordinary share capital will increase by $25,000 and share premium will increase by $50,000 c. Ordinary share capital will increase by $25,000 and share premium will increase by $25,000 d. Ordinary share capital will increase by $50,000 and share premium will increase by $25,000
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