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Issue costs are1000 $?
(a) Dr. Cash25,000 $
Cr. Equity share capital25,000 $
(b) Dr. Cash24,000 $
Cr. Equity share capital10,000 $
Cr. Share premium14,000 $
(c) Dr. Cash25,000 $
Cr. Equity share capital10.000 $
Cr. Share premium15,000 $.
The Correct and my Answer is :
(c) Dr. Cash25,000 $
Cr. Equity share capital10.000 $
Cr. Share premium15,000 $.