Question
A corporation issues 1,000 ordinary shares for furniture and fixtures. The market value of the furniture and fixtures is P95,000 and the market value per
A corporation issues 1,000 ordinary shares for furniture and fixtures. The market value of the furniture and fixtures is P95,000 and the market value per share is P105. What amount should be charged or debited to furniture and fixtures?*
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
