Ramshaw plc issues 2,000,000 25p ordinary shares at a premium of 5p per share. It also decides

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Ramshaw plc issues 2,000,000 25p ordinary shares at a premium of 5p per share. It also decides to revalue property originally valued at £700,000 to £1m.

Show the journal entries required to record this share issue and revaluation.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

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Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 09, 2024 06:02 AM

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Ramshaw plc issues 2,000,000 25p ordinary shares at a premium of 5p per share. It also decides

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Frank Woods Business Accounting Basics

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