BE12.4 (LO 2) Alou Ltd.’s £10 par value ordinary shares are actively traded at a market price of £15 per share. Alou iss

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answerhappygod
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BE12.4 (LO 2) Alou Ltd.’s £10 par value ordinary shares are actively traded at a market price of £15 per share. Alou iss

Post by answerhappygod »

BE12.4 (LO 2) Alou Ltd.’s £10 par value ordinary
shares are actively traded at a market price of £15 per share. Alou
issues 5,000 shares to purchase land advertised for sale at
£81,000. Journalize the issuance of the shares in acquiring the
land.
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