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QUESTION 1 Anthem Bhd issued 10 million unit ordinary shares to its potential shareholders at RM1.50 each. All the shares offered by the company
QUESTION 1 Anthem Bhd issued 10 million unit ordinary shares to its potential shareholders at RM1.50 each. All the shares offered by the company was fully subscribed and the money was duly received. However no record was recorded yet. QUESTION 2 Anthem Bhd also issued 2 million unit preference shares to its potential shareholders at RM1.20 each. All the shares offered by the company was fully subscribed and the money was duly received. However the company did not record the transaction yet.
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Accounting Texts and Cases
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
13th edition
1259097129, 978-0073379593, 007337959X, 978-1259097126
