A company issued one million ordinary $1 shares at a premium of 50c per share. The proceeds were correctly recorded in the cash book, but were incorrectly credited to the sales account. Which of the following journal entries will correct the error? Debit Credit $ $ A Sales 1,500,000 Share capital 1,000,000 Share premium 500,000 B Share capital 1,000,000 Share premium 500,000 Sales 1, 500,000 C Sales 1,500,000 Share capital 1,500,000 D Share capital 1,500,000 Sales 1,500,000 A |