Question
Crane Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 244,000 common shares for $1.50 per share. Jan. 12
Crane Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 244,000 common shares for $1.50 per share. Jan. 12 Issued 61,000 common shares for $1.75 per share.
Mar. 17 Issued 1,200 preferred shares for $105 per share.
July 18 Issued 1,220,000 common shares for $2 per share.
Nov. 17 Reacquired 244,000 common shares for $1.95 per share.
Dec. 30 Reacquired 183,000 common shares for $1.80 per share.
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
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