When Accounting for Share Issues, the Ultimate Debit and Credit

question 31

Multiple Choice

When accounting for share issues, the ultimate debit and credit entries are which of the following?

• A) Dr Application; Cr Share capital
• B) Dr Bank; Cr Share capital
• C) Dr Bank; Cr Allotment
• D) Dr Share Capital; Cr Bank

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Definitions:

System Variables

Characteristics of a lineup administration that are under the control of the criminal justice system and that influence the accuracy of eyewitness identifications.

Accurate Identification

The process of correctly recognizing and naming someone or something.

Eyewitness Testimony

Evidence provided by individuals who were present during an event, based on their observations and memories.

Impaired Vision

Reduced or limited ability to see, which can range from slight visual difficulties to legal blindness.