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please solve this i have 30 minutes Occurred Account Concepts Assignmenty 24 2021 Claud-Ly Leaningle Google Arome Wa1.lyy.com/student-serviets/abserviet?cid=11112 Question 2 (30 points) Oppong Corporation was

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Occurred Account Concepts Assignmenty 24 2021 Claud-Ly Leaningle Google Arome Wa1.lyy.com/student-serviets/abserviet?cid=11112 Question 2 (30 points) Oppong Corporation was authorized to issue an unlimited number of common shares During December 2014, their first month of operations, the following selected transaction a December 17 Gave the corporation's promoters 7,000 common shares for their services in organizing the corporation. The directors valued the services at 370 700 b. December 23. 12,000 of the common shares were issued for a total of 564 800 cash c. December 24 Issued 14.000 common shares at 80.40 per share for cash d December 25: 6.000 common shares were issued in exchange for land Valued at $6.000 e December 31: Closed the Income Summary account. An income of $90,000 was eamed a) Propare journal entries for the above transactions, entering the transaction letter as the exploration, and the dates in the format cammm. (. 161Jan) General Journal Pou G5 Date Account Explanation F Debit Credit + T + - + OLO COM ING o -H 2002 2023 3 BE Type here to search b) Prepare the equity section of the balance sheet of Oppong Corporation at December 31, 2014 Oppong Corporation Equity Section of Balance sheet December 31, 2014 Common shares, unlimited shares authorized: shares issued and outstanding (Select one) (Select one) c) What was the average issue price per common share? Average issue price per common share

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