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v On December 1, 2021, ACB Lid agreed to sell 80,000 of their no par common shares on a subscription basis. On that day, 25%
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On December 1, 2021, ACB Lid agreed to sell 80,000 of their no par common shares on a subscription basis. On that day, 25% of the subscription price in 2022. On the December 31, 2021 statement of financial position, the shareholders' equity section would report O 1. common shares issued for 25% of the subscription price. O2.common shares issued for 100% of the subscription priceless a subscription receivable for 75% of the subscription price 3.common shares subscribed for 75% of the subscription price 4. corrmon shares subscribed for 100% of the subscription price less a subscription receivable for 75% of the subscription price Moving to another question will save this response, 1 points ares on a subscription basis. On that day, 25% of the subscription price was collected as a down payment with the remaining 75% due ers' equity section would report n receivable for 75% of the subscription price. iption receivable for 75% of the subscription price, Question 13 of 16S WEB Pre Step by Step Solution
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