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Voltaire Corporation Issued 5,000 Ordinary Shares of CHF5 Par Value

Question 37

Multiple Choice

Voltaire Corporation issued 5,000 ordinary shares of CHF5 par value for CHF20 per share. This transaction will increase

A) Share Premium-Ordinary by CHF100,000.
B) total equity by CHF25,000.
C) Retained Earnings by CHF75,000.
D) Share Capital-Ordinary by CHF25,000.

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