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what is the journal entry for on 15 march, the redeemable preference share by the company in at par value. Anew issue of shares at

what is the journal entry for

  1. on 15 march, the redeemable preference share by the company in at par value. Anew issue of shares at $1.80 was fully subscribe and paid up to cover the redemption and to reduce bank loan. the expenses for the issue and redemption of shares were $32,400

redeemable preference share was $1,500,000

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