During the month of March 2023, Gaelic LTD incorporated to become Gaelic Inc. They completed the following IPO transacti
Posted: Sun Apr 17, 2022 7:02 pm
During the month of March 2023, Gaelic LTD incorporated to
become Gaelic Inc. They completed the following IPO transactions
related to its stock:
Required:
Prepare Gaelic's March stock entries.
If Gaelic had net income of $300,000 in 2023, what was their
common stock’s EPS?
become Gaelic Inc. They completed the following IPO transactions
related to its stock:
Required:
Prepare Gaelic's March stock entries.
If Gaelic had net income of $300,000 in 2023, what was their
common stock’s EPS?