Multiple Choice
The appropriate journal entry to recognise the accounting treatment for share issue costs is:
A) DR Deferred asset: CR Cash.
B) DR Share capital: CR: Cash.
C) DR Cash: CR Deferred asset.
D) DR Cash: CR Share capital.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: When a public share issue is made,
Q4: Accounting for share buy-backs is prescribed by:<br>A)
Q5: In respect to a company's issue of
Q6: The balance in the retained earnings account
Q7: Which of the following statements relating to
Q9: A company's capital consists of 100
Q10: How does a bonus issue of shares
Q11: The following items appear in the statement
Q12: Regulations for share buy-backs are primarily designed
Q13: Which account represents excess proceeds received and