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Question 17: On January 5, 20x6 CI Corporation issues 10,000 $100 par value common shares for cash at $130 per share. And on the same
Question 17: On January 5, 20x6 CI Corporation issues 10,000 $100 par value common shares for cash at $130 per share. And on the same date issues 2,500 $100 par value preferred shares for cash at $ 118. Prepare the journal entries to record the issuance of these shares.
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Textbook Of Financial Accounting And Analysis
Authors: Gaurav Agrawal
1st Edition
9350840901, 9789350840900
