Question
Raja company issued 600 shares of $20 par value ordinary shares and 200 shares of $40 par value preference shares for a lump sum of
Raja company issued 600 shares of $20 par value ordinary shares and 200 shares of $40 par value preference shares for a lump sum of $32,000. The ordinary shares have a market value of $40 per share, and the preference shares have a market value of $80 per share.Prepare journal entry
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Accounting and Financial Analysis in the Hospitality Industry
Authors: Johnathan Hales
1st edition
132458667, 978-0132458665
