Answers #800,000 worth of ordinary shares of 50k were issued at #1 each, payable in full… #800,000 worth of ordinary shares of 50k were issued at #1 each, payable in full on application. The entry in the cash book would be to A. credit #1,600,000 B. debit #1,600,000 C. credit #1,600,000 D. debit #800,000 Correct Answer: Option D Explanation
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