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How do you journalize this: Manila's subscription was declared delinquent.The company paid 2,000 for costs related to public auction.The trial balance included Manila's subscription of

How do you journalize this:

Manila's subscription was declared delinquent.The company paid 2,000 for costs related

to public auction.The trial balance included Manila's subscription of 2,000 ordinary shares

for 24 per share of which he paid 50% of total subscription price.

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