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How much should the ordinary share capital

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Question - On December 1, DOS Corporation issued 1,000 shares of its par ordinary share capital and 2,000 shares of its $10 par preference share capital for a lump sum of $ 40,000. At this date, ordinary share is selling for $18 per share and the preference share for $13.50 per share. How much should the "Ordinary Share Capital" account be credited?

Reference no: EM132791261

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