On February 1, 2016 authorized ordinary share was sold on the subscription basis at a price in excess of par value, and 25% of the subscription price was collected on May 1, 2016, the remaining 75% of the subscription price was collected. Share Premium increased on:

On February 1, 2016 authorized ordinary share was sold on the subscription basis at a price in excess of par value, and 25% of the subscription price was collected on May 1, 2016, the remaining 75% of the subscription price was collected. Share Premium increased on:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

February 1, 2016
May 1, 2016
а.
Yes
Yes
b.
No
No
С.
Yes
No
d.
No
Yes

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