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Sheridan Corporation issued 25700 shares of no-par value ordinary shares for 32.40 per share. Which of the following statements is true? Retained Earnings account will
Sheridan Corporation issued 25700 shares of no-par value ordinary shares for 32.40 per share. Which of the following statements is true?
Retained Earnings account will increase by 806980.
Share CapitalOrdinary account will increase by 832680.
The Cash account will increase by 25700.
Share PremiumOrdinary account will increase by 295550.
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