Bonacurso Limited Issued 10 000 Share Options to Subscribe for Ordinary

question 11

Multiple Choice

Bonacurso Limited issued 10 000 share options to subscribe for ordinary shares.The exercise price on the options was $3 per share.If all options were exercised on due date the following journal entry would be recorded:

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Definitions:

Edelman Communications

A global public relations and marketing consultancy known for delivering innovative and effective communications strategies.

Federal Trade Commission

A United States federal agency tasked with protecting consumers and promoting competition.

ESG Criteria

ESG Criteria stands for Environmental, Social, and Governance criteria, which are standards for a company’s operations that socially conscious investors use to screen potential investments.

Socially Responsible Investors

Investors who consider social and environmental criteria alongside financial return in the investment decision-making process.