Solution-Which entries correctly records refund of

Which entries correctly records refund of unsuccessful share

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Question: ABC Limited issued a prospectus offering 100 000 ordinary shares at an issue price of $3.50 each, payable $2.5 per share on application. The company received applications for 110 000 shares. Which of the following entries correctly records the refund of unsuccessful shares?

Reference no: EM132719319

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Which entries correctly records refund of unsuccessful share

Reference no: EM132719319

Reference no: EM132719319

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