Which One of the Following Represents the Correct Double Entry

question 9

Multiple Choice

Which one of the following represents the correct double entry to record a bonus issue of shares?

• A) Debit cash
• B) Debit share capital
• C) Debit share capital.
• D) Debit retained earnings

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Definitions:

Low Chance

A term indicating a minimal probability of an event occurring, often used in risk assessment or to describe the likelihood of specific outcomes.

High Impact

Refers to actions or initiatives that result in significant effects or changes, often used in the context of marketing, social initiatives, or environmental policies.

Emergency Response Protocols

A set of guidelines and procedures designed to be implemented in the event of an emergency situation.

Low Chance

A situation or event that is unlikely to occur or has a minimal likelihood of happening.