A shareholder sold 1000 ordinary shares of $1 for $1500. What effect will this have on the

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A shareholder sold 1000 ordinary shares of $1 for $1500. What effect will this have on the share capital of the company?

A. It will decrease by $1000.

B. It will decrease by $1500.

C. It will increase by $1500.

D. It will remain unchanged.

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 28, 2023 01:51 PM

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A shareholder sold 1000 ordinary shares of $1 for $1500. What effect will this have on the

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B It will decrease by 1500 When a shareholder sells their shares they ...View the full answer

Accounting A Level And AS Level

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