The directors of Dunedoo Ltd decided to issue 100 000 ordinary shares. Required A. Prepare journal entries

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The directors of Dunedoo Ltd decided to issue 100 000 ordinary shares.

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A. Prepare journal entries (in general journal form) to record the issue of shares as a private placement to Good Times Ltd for $15 per share payable in full.

B. Prepare journal entries (in general journal form) to record the issue of shares to the public at $18 per share payable in full.

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 24, 2019 11:37 AM

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The directors of Dunedoo Ltd decided to issue 100 000 ordinary shares. Required A. Prepare journal entries

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A Cash at Bank 1500000 Share Capital 1500000 Privat...View the full answer

Accounting

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