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3,000,000 1,050,000 750,000 Ellison Company's statement of financial position shows: Share capital-ordinary, 20 par Share premium-ordinary Retained earnings Instructions Record the following transactions by the
3,000,000 1,050,000 750,000 Ellison Company's statement of financial position shows: Share capital-ordinary, 20 par Share premium-ordinary Retained earnings Instructions Record the following transactions by the cost method. (1) Bought 5,000 ordinary shares at 29 a share. (2) Sold 2,500 treasury shares at 30 a share. (3) Sold 1,000 shares of treasury shares at 26 a share
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Financial Statements Self Study Guide
Authors: Azhar Ul Haque Sario
1st Edition
979-8223894605
