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She P1Accounting for Share Capital: Memorandum vs. Journal Entry Method Problem 1 Authorized capitalization a. On 1 January 20x1, AIR Co. received authorization form the

She P1Accounting for Share Capital: Memorandum vs. Journal Entry Method Problem 1 Authorized capitalization a. On 1 January 20x1, AIR Co. received authorization form the SEC to issue share capital of divided into 10,000 shares with par value of PIOO

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