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issues 7 million shares at an issue price of 44.20 per share on 30th may 2022. The share issue was success with all of the
issues 7 million shares at an issue price of 44.20 per share on 30th may 2022. The share issue was success with all of the shares being taken up. The cost of the issue included advertising and prospectus preparation 15,000, legal fees 8,000 and accounting advice 7,000. What are the accounting journal entries to record the issue of the shares
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