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Accountıng Iı Deneme Sınavı Sorusu #1112805
Accountıng Iı Deneme Sınavı Sorusu #1112805
While issuing common shares below par value, which account should be debited?
Discount on Capital Share |
Paid-in Capital from Treasury Share |
Paid-in Capital Excess of Par |
Treasury share |
Cash |
Yanıt Açıklaması:
In very rare cases, shares might be issued below par value. If this seldom transaction occurs, another separate account entitled “Discount on Capital Share” should be debited. The correct answer is A.
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