Woodbridge plc issues the following shares: 100,000 1.50 ordinary shares at a 25p premium 50,000

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Woodbridge plc issues the following shares:

● 100,000 £1.50 ordinary shares at a 25p premium

● 50,000 £2 preference shares at face value.

Show the journal entries required to record this share issue.

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Frank Woods Business Accounting Basics

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Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 09, 2024 06:02 AM

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Woodbridge plc issues the following shares: 100,000 1.50 ordinary shares at a 25p premium 50,000

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Frank Woods Business Accounting Basics

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