12 A company issued 90,000 shares of €5 par value ordinary shares for €11 per share. The joumal entry to record the sale will include OD a debit to Retained Eamings for €450,000. 02 a debit to Cash...

12 A company issued 90,000 shares of €5 par value ordinary shares for €11 per share. The joumal entry to record the sale will include<br>OD a debit to Retained Eamings for €450,000.<br>02 a debit to Cash for €450,000.<br>03) a credit to Share Capital-Ordinary for €990,000.<br>04) a credit to Share Premium-Ordinary for €540,000.<br>

Extracted text: 12 A company issued 90,000 shares of €5 par value ordinary shares for €11 per share. The joumal entry to record the sale will include OD a debit to Retained Eamings for €450,000. 02 a debit to Cash for €450,000. 03) a credit to Share Capital-Ordinary for €990,000. 04) a credit to Share Premium-Ordinary for €540,000.

Jun 01, 2022

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12 A company issued 90,000 shares of €5 par value ordinary shares for €11 per share. The joumal entry to record the sale will include OD a debit to Retained Eamings for €450,000. 02 a debit to Cash...

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