The Entry to Record the Issuance of Ordinary Share at a Price

question 139

Multiple Choice

The entry to record the issuance of ordinary share at a price above its par value includes:

• A) A credit to Cash.
• B) A credit to a liability account for the difference between the price paid by the shareholders and the par value of the share.
• C) A credit to Share Premium: Ordinary Share.
• D) A debit to Ordinary Share.

---

Definitions:

Define Friendship

The emotional and voluntary interpersonal relationship between two or more individuals, characterized by mutual affection, care, support, and the desire for each other's company.

Passion-based Intimacy

An emotional closeness that stems from shared enthusiasm or deep interest in particular activities or topics.

Friendship-based Intimacy

The closeness and bond that develop from deep friendship, characterized by trust, affection, and mutual respect.

Relationship-specific Social Decentering

The ability to step outside one's own perspective within the context of a specific relationship to understand the thoughts, feelings, or motivations of another person.