Started business by issuing 10,000 ordinary shares for OR20,000. Journal entry will be: 20,000 Dr. cash Capital 20,000 Select one: 1.True 2. False
Started business by issuing 10,000 ordinary shares for OR20,000. Journal entry will be: 20,000 Dr. cash Capital 20,000 Select one: 1.True 2. False
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...
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Started business by issuing 10,000 ordinary shares for OR20,000.
Select one: 1.True
2. False
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