Mathematics, 05.05.2020 20:34 joserms729
Century Corporation issued 400,000 shares of $4 par value Share Capital - Ordinary at the time of its incorporation. The share was issued for cash at a price of $16 per share. During the first year of operations, the company sustained a net loss of $100,000. The year-end balance sheet would show the balance of Share Capital - Ordinary account to be:
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Century Corporation issued 400,000 shares of $4 par value Share Capital - Ordinary at the time of it...
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