THE FOLLWING INFORMATION APPLES TO MULTIPLE CHOICE QUESTIONS: MCQ 1 to MCQS On February 2020 eros Company issued 4,000 shares of sis por value Ordinary Shares and 1,000 shares of $60 par volue Preference Shares. The market price of one ordinary Shares is $100. The market price of one Protorence Share is $300, LEEDS Company received a lump sum of $500,000 for the entire shores teosd Company record the obove trasaction in a single (10, combined) Journal entry MCQ5 what is the correct entry with respect to SHARE PREMIUM - PREFERENCE Select one O a DEBIT S180,000 O CREDIT $210,000 O CREDIT $180,000 Od None of these answers O. DEBIT $210,000