Question !! Not yet answered Marked out of 1 P Flag question Felix Incorporation issued...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Question !! Not yet answered Marked out of 1 P Flag question Felix Incorporation issued 500,000, equity shares of OMR 0.300 each for OMR 225,000. All the shares were subscribed and fully called up and paid up except one shareholder holding 1,200 shares. Which one of the following amount is credited to the share premium account? O a. OMR 74,820 O b. OMR 74,460 O c. OMR 74,640 C. d. OMR 75,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!