On June 1, Federia Ltd. issues 4,500 no-par ordinary shares at a cash price of HK$600 per

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On June 1, Federia Ltd. issues 4,500 no-par ordinary shares at a cash price of HK$600 per share. Journalize the issuance of the shares assuming the shares have a stated value of HK$200 per share.

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Financial Accounting with International Financial Reporting Standards

ISBN: 978-1119504306

4th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Jul 22, 2019 12:52 PM

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On June 1, Federia Ltd. issues 4,500 no-par ordinary shares at a cash price of HK$600 per

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June 1 Cash 4500 X HK600 2700000 ...View the full answer

Financial Accounting with International Financial Reporting Standards

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