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Voltaire Corporation Issued 2,000 Ordinary Shares of CHF5 Par Value

Question 39

Multiple Choice

Voltaire Corporation issued 2,000 ordinary shares of CHF5 par value for CHF20 per share.This transaction will increase

A) Share Premium-Ordinary by CHF40,000.
B) total equity by CHF10,000.
C) Retained Earnings by CHF30,000.
D) Share Capital-Ordinary by CHF10,000.

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