Activity 1. Share Issuance for Cash. Journalize the share capital transactions below: Balda Tours Inc., is authorized
Fantastic news! We've Found the answer you've been seeking!
Question:
Activity 1. Share Issuance for Cash.
Journalize the share capital transactions below:
Balda Tours Inc., is authorized to issue 220,000 shares of no-par ordinary shares, P15
state value. Journalize the following transactions:
May 23 Sold 4,000 shares of ordinary shares at P18 per share for cash.
June 19 Sold 12,500 shares of ordinary shares at P17 per share for cash.
Expert Answer:
Posted Date:
