Fox Ltd, a limited company, has authorised share capital of 200,000 ordinary shares of $1 each. The
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Fox Ltd, a limited company, has authorised share capital of 200,000 ordinary shares of $1 each. The company decided to issue 100,000 ordinary shares at $1.30.
These shares were fully subscribed and paid up. Prepare the journal to record the issue of ordinary shares.
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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