If a company issues 5,000 $1 ordinary shares at $3 each, the amount of share premium account will be $15,000.
举一反三
- A company issued 20,000 shares of its $1 par value ordinary stock for cash. The price is $10 per share. The entry to record this transaction would be: A: Debit Cash $200,000; credit Ordinary Stock $20,000; credit Share Premium, Ordinary Stock $180,000. B: Debit Cash for $200,000; credit Ordinary Stock $200,000 C: Debit Ordinary Stock $20,000; debit Share Premium, Ordinary Stock $180,000; credit Cash $200,000. D: Debit Ordinary Stock $20,000; credit Cash $20,000.
- Which of the following best defines the market capitalisation for a company's shares? A: When a company is listed ie goes 'public' B: When a company issues new shares and thus increases its capital C: Current share price D: Share price x number of shares in issue
- A．150.B．15,000.C．1,500.D．5,000. A: 150. B: 15,000. C: 1,500. D: 5,000.
- A Company takes over B Company by offering two shares in A for one share in B. Details about each company are as follows. A company B company Number of shares 1,000,000 200,000 Annual earnings $200,000
- 中国大学MOOC: A company purchased an equipment by paying $26, 000 cash. When this transaction is recorded, the cash account is debited for $26, 000.