Question
ABC Limited issued a prospectus offering 100 000 ordinary shares at an issue price of $3.50 each, payable $2.5 per share on application. The company
ABC Limited issued a prospectus offering 100 000 ordinary shares at an issue price of $3.50 each, payable $2.5 per share on application. The company received applications for 110 000 shares. Which of the following entries correctly records the refund of unsuccessful shares?
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Using Microsoft Excel and Access 2016 for Accounting
Authors: Glenn Owen
5th edition
1337109048, 1337109045, 1337342149, 9781337342148 , 978-1337109048
