Calculating the Number of Shares Issued} Castalia Inc. issued no par value common shares on September 4,
Question:
Calculating the Number of Shares Issued}
Castalia Inc. issued no par value common shares on September 4, 2018, for \(\$ 8\) per share. The Common Shares account was credited for \(\$ 612,000\) in the journal entry to record this transaction.
Required:
How many shares were issued on September 4, 2018?
\section*{OBJECTIVE 3} CORNERSTONE 10.2
\section*{Cornerstone Exercise
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Related Book For 
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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