When shares are issued at a discount, entries are to debit
A application allotment account and credit discount accoun
B discount account and credit
C cash account and credit discount account
D discount account and credit bank account
Answer is A
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When shares are issued at a discount, entries are to debit
A application allotment account and credit discount accoun
B discount account and credit
C cash account and credit discount account
D discount account and credit bank account
Answer is A
