On June 1, Federia Ltd. issues 4,500 no-par ordinary shares at a cash price of 6 per

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On June 1, Federia Ltd. issues 4,500 no-par ordinary shares at a cash price of ¥6 per share. Journalize the issuance of the shares assuming the shares have a stated value of ¥2 per share.

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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 07, 2017 11:24 AM

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On June 1, Federia Ltd. issues 4,500 no-par ordinary shares at a cash price of 6 per

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June 1 Cash 4500 X 6 27...View the full answer

Financial Accounting

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