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Transaction costs incurred by the corporation relating to issue of shares may not be A. Charged against the related share premium B. Charged to an
Transaction costs incurred by the corporation relating to issue of shares may not be
A. Charged against the related share premium
B. Charged to an expense account
C. Written off directly against share capital
D. Taken to profit or loss
Which of the following transactions is recorded in the same manner under both the journal entry method and memorandum entry method?
A. Receipt of authorization to issue share capital
B. Receipt of share capital subscription O
C. Issue of share capital previously subscribed
D. Sale for cash of share capital.
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