Question
How would you set out a journal entry for the following event: on the 12th May 20X2 ABC announced a bonus ordinary share issue of
How would you set out a journal entry for the following event:
"on the 12th May 20X2 ABC announced a bonus ordinary share issue of 1:10 at an issue price of $20.00/share. The bonus issue to be paid out of the General Reserve and was made on the 31st May 20X2" ?
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Advanced Financial Accounting
Authors: Richard Baker, Theodore Christensen, David Cottrell
9th edition
78110920, 978-0077899165, 77899164, 978-0077484255, 77484258, 978-0078110924
