Question 3.) Alma Corp. issues 1,000 shares of P10 par value share at P14 per share. When the transaction is recorded, credits are made to? A. Share Capital P14,000 B. Share Capital P4,000 and APIC P10,000 C. Share Capital P10,000 and APIC P4,000 D. Share Capital P10,000 and Retained Earnings P4,000

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A: The question is multiple choice question. Required  Choose the Correct Option.