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8. On April 1, authorized ordinary shares were sold on a subscription basis at a...

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Accounting

8. On April 1, authorized ordinary shares were sold on a subscription basis at a price in excess of par value, and 20% of the subscription price was collected. On June 1, the remaining 80% of the subscription price was collected. The share capital would increase on April 1 June 1 a. No Yes b. No No c. Yes No d. Yes Yes

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