Question
Question of Share capital and reserve(equity) Required journal entries for the following transactions of A Ltd; 1- Calling of $200,000 on the partly paid shares
Question of Share capital and reserve(equity)
Required journal entries for the following transactions of A Ltd;
1- Calling of $200,000 on the partly paid shares
2- Collection of call money in full.
3- Transferring of $50,000 plant maintenance reserve to general reserve.
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Cornerstones of Financial Accounting
Authors: Jay Rich, Jeff Jones
4th edition
978-1337690881, 9781337669450, 1337690880, 1337690899, 1337669458, 978-1337690898
