The Appropriate Journal Entry to Recognise the Accounting Treatment for Share

question 8

Multiple Choice

The appropriate journal entry to recognise the accounting treatment for share issue costs is:

• A) DR Deferred asset: CR Cash.
• B) DR Share capital: CR: Cash.
• C) DR Cash: CR Deferred asset.
• D) DR Cash: CR Share capital.

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Definitions:

Numeric Keypad

A portion of a keyboard or an external device featuring numbers and mathematical symbols, used for numerical input.

Work Environment

The physical and psychological conditions under which employees perform their job duties.

User Account

A personalized set of access permissions and settings for an individual user of a computer or online service.

Sound Settings

Options within a device or application that control audio features, including volume, output devices, and sound effects.