Forevermore Company uses journal entry method in recording share capital transaction. On January 1, 2020, the company authorized to issue 150,000 shares with a par value of P10. What would be the correct entry for this transaction?
Forevermore Company uses journal entry method in recording share capital transaction. On January 1, 2020, the company authorized to issue 150,000 shares with a par value of P10. What would be the correct entry for this transaction?
Forevermore Company uses journal entry method in recording share capital transaction. On January 1, 2020, the company authorized to issue 150,000 shares with a par value of P10. What would be the correct entry for this transaction?
Forevermore Company uses journal entry method in recording share capital transaction. On January 1, 2020, the company authorized to issue 150,000 shares with a par value of P10. What would be the correct entry for this transaction?
Definition Definition Method of recording financial transactions in the book of original entry by debiting and crediting the accounts affected by a transaction using the golden rules of accrual accounting.
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