Mahesh Inc. begin operations on July 5, 2021 and immediately issued 18000 common shares for cash of $2 per share. On Jul

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answerhappygod
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Mahesh Inc. begin operations on July 5, 2021 and immediately issued 18000 common shares for cash of $2 per share. On Jul

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Mahesh Inc. begin operations on July 5, 2021 and immediatelyissued 18000 common shares for cash of $2 per share. On July 13,1500 common shares were issued to promoters, valued at a total of$15,000. On July 20, 14000 preferred shares were issued for cash of$8 per share.
No transaction happened in August and balance carried forward toSeptember
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