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What if the issue price per share and what is entry

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Women for -A-Cause Corporation aimed to provide free wellness massage services to clients for a fee. The corporation issued 10,000 shares of common stock, at Php. 300 par value to shareholders. The issue price paid by the Shareholders on December 3, 2018 equal the par value.

Problem a. What would be the entry for this record?

Problem b. What if the issue price is Php350 per share, what is the entry?

Reference no: EM132911561

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