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The company issued 12,000 additional shares at 2.50 each on 30 December 2019. The proceeds were paid as Christmas bonuses to employees. No entries have
- The company issued 12,000 additional shares at 2.50 each on 30 December 2019. The proceeds were paid as Christmas bonuses to employees. No entries have been made in the company's accounting records in respect of this transaction.
Ordinary shares of 1 each 4,500 on Trial Balance
How do we include this in the income statement?
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Managerial Accounting
Authors: Sivaramakrishna, Ramji Balakrishnan
1st Edition
0471467855, 978-0471467854
