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The following information is available regarding a corporation's common shares: authorized 30000 shares, issued 10000 at $100000; and 15000 at $175000. The average per share
The following information is available regarding a corporation's common shares: authorized 30000 shares, issued 10000 at $100000; and 15000 at $175000. The average per share amount of the corporation's shares is O $18.33 O $10.00 O $11.00 O $11.67 A $300000 bond was retired at 98 when the amortized cost of the bond was $296000. The entry to record the retirement would include a O gain on bond redemption of $1000. loss on bond redemption of $2000 O loss on bond redemption of $1000, O gain on bond redemption of $2000
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