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#800,000 worth of ordinary shares of 50k were issued at #1 each, payable in full on ...

#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




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