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Which the proceeds should be credited to

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Reference no: EM132940044

Problem 1: The corporate officers are

a. appointed by management.

b. elected by shareholders.

c. appointed by the board of directors.

d. elected by the incorporators.

Problem 2: When ordinary shares with par values are sold, the proceeds should be credited to

a. Ordinary Shares account in full.

b. Ordinary Shares account at par value.

c. Share Premium account in full.

d. Ordinary Shares account at par value and Share Premium account in excess of par value, if any

Reference no: EM132940044

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