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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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 17, 2021 01:27 AM

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Fox Ltd, a limited company, has authorised share capital of 200,000 ordinary shares of $1 each. The

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Accounting For Cambridge International AS And A Level

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