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Issue of shares payable in full The directors of Outback Ltd decided to issue 200 000 ordinary shares. Required (a) Prepare journal entries in general
Issue of shares payable in full The directors of Outback Ltd decided to issue 200 000 ordinary shares. Required (a) Prepare journal entries in general journal form) to record the issue of shares as a private placement to Rural Ltd for $15 per share payable in full. (b) Prepare journal entries (in general journal form) to record the issue of shares to the public at $18 per share payable in full
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