Messier Inc. had 34,000 common shares on January 1, 2015. On August 31 and November 30, 9,000

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Messier Inc. had 34,000 common shares on January 1, 2015. On August 31 and November 30, 9,000 and 6,000 common shares were issued, respectively. Calculate

(a) The number of common shares issued at December 31, 2015,

(b) The weighted average number of common shares for 2015.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:28 AM

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Messier Inc. had 34,000 common shares on January 1, 2015. On August 31 and November 30, 9,000

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Weighted average number of shares January 1 34000 121...View the full answer

Financial Accounting Tools for Business Decision Making

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