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Question - Issuance of Preferred shares in exchange for land
On October 3, 2017, Synthetic Inc, a cell phone protector company issued 4,000 of its preferred shares for cash of $15 each. On November 19 the company issued 3,400 preferred shares in exchange for land with a fair market value of $52,480.
Required -
a. Prepare the entries for October 3 and November 19.
b. Calculate the average issue price per preferred share.
Prepare appropriate year-end closing entries, Prepare a balance sheet showing the status of year-end asset and fund balance accounts
The availability of raw materials can influence the locations of different industries in an area. How weather and climatic conditions can affect the demand
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At May 31, 2005, the accounts of Yellow Knife Manufacturing Company.May 31 inventories-finished goods $11,500, work in process $17,900, and raw materials $7,100
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Do you think there should be other types of financial or service support to all senior adults in our country, what do you think the financial or service support
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