Solution-Company account for the legal costs of formation

Company account for the legal costs of formation

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Reference no: EM131032487

1. How should a company account for the legal costs of formation? Should the accounting treatment be the same as that for underwriting and other share issue costs?

2. What is a rights issue? Distinguish between a renounceable and a non-renounceable rights issue. How would a company account for such issues?

Each answer should be min 300 words in proper formatting

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3. What is private placement of shares? What are the advantages and disadvantages of a private placement

Reference no: EM131032487

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Company account for the legal costs of formation : 1. How should a company account for the legal costs of formation? Should the accounting treatment be the same as that for underwriting and other share issue costs?2. What is a rights issue? Distinguish between a renounceable and a non-renounceable ri..

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Company account for the legal costs of formation

Reference no: EM131032487

Reference no: EM131032487

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