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5 points 1. On December 1, DOS Corporation issued 1,000 shares of its par ordinary share capital and 2,000 shares of its P10 par preference
5 points 1. On December 1, DOS Corporation issued 1,000 shares of its par ordinary share capital and 2,000 shares of its P10 par preference share capital for a lump sum of 40,000. At this date, ordinary share is selling for P18 per share and the preference share for $13.50 per share. How much should the Ordinary Share Capital account be credited? (The entry to record the issuance of the shares serves as the solution for this problem) * 5 points 1. On December 1, DOS Corporation issued 1,000 shares of its par ordinary share capital and 2,000 shares of its P10 par preference share capital for a lump sum of 40,000. At this date, ordinary share is selling for P18 per share and the preference share for $13.50 per share. How much should the Ordinary Share Capital account be credited? (The entry to record the issuance of the shares serves as the solution for this problem) *
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