Cadbury Schweppes pic, a company in the United Kingdom, is one of the largest beverage and candy

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Cadbury Schweppes pic, a company in the United Kingdom, is one of the largest beverage and candy companies in the world. In the United States, it is best known as the owner of the Snapple brand. Its financial statements are denominated in British pounds (symbol £). As part of its employee stock option plan, it recently issued 18 million shares of £0.125 par value shares for £51 million (these numbers are rounded). Using the following categories, indicate the effects of this transaction. Use + for increase and — for decrease and indicate the accounts affected and the amounts.image text in transcribed

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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