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Harvey Company is authorized to issue 50,000 shares of $25 par ordinaary share. On May 30, 20X6, Harvey issued 25,000 shares at $45 per share.
Harvey Company is authorized to issue 50,000 shares of $25 par ordinaary share. On May 30, 20X6, Harvey issued 25,000 shares at $45 per share. Harvey's journal entry to record these facts should include a OA. credit to Paid-in Capital in Excess of Par for $1,125,000 OB. credit to ordinary shares for $625,000. COC debit to ordinary shares for $1,125,000 OD both a and c wwwww
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Design And Maintenance Of Accounting Manuals
Authors: Harry L. Brown
3rd Edition
0471253685, 978-0471253686
