If Vickers Company Issues 4,000 Ordinary Shares with a $5

question 71

Multiple Choice

If Vickers Company issues 4,000 ordinary shares with a $5 par value for $140,000,

• A)Share Capital-Ordinary will be credited for $140,000.
• B)Share Premium-Ordinary will be credited for $20,000.
• C)Share Premium-Ordinary will be credited for $120,000.
• D)Cash will be debited for $120,000.

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Definitions:

Clients of Color

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Culture-Specific Syndrome

A mental or psychological disorder that is considered to be limited to specific cultural or social groups, often manifesting symptoms uniquely understood within those cultural contexts.

Ataque

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Northern European Values

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