A company was formed on 1 March 2018 by issuing 5,000,000 equity shares at OMR 0.400 each. a. Pass the journal entries for the above information. None of the listed choices Dr. Bank account OMR...

Plz solve for A and B it’s timed!!A company was formed on 1 March 2018 by issuing 5,000,000 equity shares at OMR 0.400 each.<br>a. Pass the journal entries for the above information.<br>None of the listed choices<br>Dr. Bank account OMR 2,000,000 Cr. Share premium account OMR 2,000,000<br>Dr. Equity share capital account OMR 2,000,000 Cr. Bank account OMR 2,000,000<br>Dr. Bank account OMR 2,000,000 Cr. Equity share capital account OMR 2,000,000<br>

Extracted text: A company was formed on 1 March 2018 by issuing 5,000,000 equity shares at OMR 0.400 each. a. Pass the journal entries for the above information. None of the listed choices Dr. Bank account OMR 2,000,000 Cr. Share premium account OMR 2,000,000 Dr. Equity share capital account OMR 2,000,000 Cr. Bank account OMR 2,000,000 Dr. Bank account OMR 2,000,000 Cr. Equity share capital account OMR 2,000,000
b. If the company issued 3,000,000 more shares at OMR 0.800 each on 31 July 2019, Assume Cash at Bank to be OMR<br>2,000,000. How much amount of total share capital will be shown in the SOFP?<br>OMR 1,200,000<br>None of the listed choices.<br>OMR 2,000,000<br>OMR 3,200,000<br>

Extracted text: b. If the company issued 3,000,000 more shares at OMR 0.800 each on 31 July 2019, Assume Cash at Bank to be OMR 2,000,000. How much amount of total share capital will be shown in the SOFP? OMR 1,200,000 None of the listed choices. OMR 2,000,000 OMR 3,200,000

Jun 11, 2022
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