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23. On 1 July 2023 , Coastalwatch Ltd issued 5 million shares at $5.00 each. All of the shares were subscribed for. Coastalwatch Ltd incurred

image text in transcribed 23. On 1 July 2023 , Coastalwatch Ltd issued 5 million shares at $5.00 each. All of the shares were subscribed for. Coastalwatch Ltd incurred the following costs that were associated with the share issue: Prepare the journal entries necessary to account for the issue of the shares. LO 13.4

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