(Learning Objective 2: Issuing shares to fi nance the purchase of assets) This short exercise demonstrates the...

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(Learning Objective 2: Issuing shares to fi nance the purchase of assets) This short exercise demonstrates the similarity and the difference between two ways to acquire PPE.

Compare the balances in all the accounts after making both sets of entries. Are the account balances similar or different?

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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