WORKING PAPERS F/ FUND ACCOUNTING
WORKING PAPERS F/ FUND ACCOUNTING
22nd Edition
ISBN: 9781308868394
Author: Wild
Publisher: MCG CUSTOM
Question
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Chapter 13, Problem 19QS
To determine

Concept Introduction:

Issuance of Capital: Capital may be issued at par or stated value. In case the issue price is more than the par or stated value, the shares are called to be issued at a premium and in case the issue price is less than the par or stated value, the shares are called to be issued at discount.

To Prepare: The Journal entry to record the issuance of Capital for cash

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Chapter 13 Solutions

WORKING PAPERS F/ FUND ACCOUNTING

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