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  3. Study Set
    Financial Accounting IFRS Study Set 1
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    Exam 11: Corporations: Organization, Share Transactions, Dividends, and Retained Earnings
  5. Question
    If Ordinary Shares Are Issued for an Amount Greater Than
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If Ordinary Shares Are Issued for an Amount Greater Than

Question 273

Question 273

Multiple Choice

If ordinary shares are issued for an amount greater than par value, the excess should be credited to


A) Cash.
B) Retained Earnings.
C) Share Premium-Ordinary.
D) Legal Capital.

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