Question
Ferrari Company issues 8,000 shares of its $ 5 par value ordinary shares having a market value of $ 25 per share and 9.000 shares
Ferrari Company issues 8,000 shares of its $ 5 par value ordinary shares having a market value of $ 25 per share and 9.000 shares of its S10 par value preference shares having a fair value of S20 per share for a lump sum of $ 760,000 . How much is allocated to the preference shares O A $ 400,000 OB . $ 90,000 OC $ 360,000 D. 550.000
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Financial Accounting For OHADA Member States Volume 1
Authors: Michael Forzeh Fossung
1st Edition
3330328037, 978-3330328037
