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5 . . Nike Corporation issued 2 0 0 shares of $ 1 0 par value ordinary shares and 1 0 0 shares of $

5.. Nike Corporation issued 200 shares of $10 par value ordinary shares and 100 shares of $50 par value preference shares for a lump sum of $11,500. The ordinary shares have a market value of $25 per share, and the preference shares have a market value of $80 per share.a) By using incremental method calculate the issue price allocation %b) Register the transactions in Journal Entry, using incremental Method.

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