Calculating the Number of Shares Issued} Castanet Inc. issued shares of its ($ 1.50) par value common
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Calculating the Number of Shares Issued}
Castanet Inc. issued shares of its \(\$ 1.50\) par value common shares on November 9, 2018, for \(\$ 13\) per share. In recording the issuance of the shares, Castanet credited the Common Shares account for \(\$ 416,300\).
\section*{Required:}
How many shares were issued on November 9, 2018?
\section*{Brief 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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