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On 10/05 the company issued 20,000 shares of its $5 par value common shares having a fair value of $12 per share and 10,000
On 10/05 the company issued 20,000 shares of its $5 par value common shares having a fair value of $12 per share and 10,000 shares of its $10 par value preference shares for a lump sum of $360,000.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
