Question 16. Y Co has issued 100 shares to its directors for services rendered during the...
Question 16. Y Co has issued 100 shares to its directors for services rendered during the year ended 31 December 20X5. The value of the shares at the grant date (30 November 20X5) was $5 per share. At 31 December 20X5, the shares were valued at $6 per share. The accounting entry for the issue of the shares would be:
Charge expense of $500, and increase accumulated reserves by $500
Charge expense of $600 and increase accumulated reserves by $600
Charge expense of $500 and increase equity by $500
Charge expense of $600 and increase equity by $600.
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Question 16. Y Co has issued 100 shares to its
directors for services rendered during the...
Question 8 Settlers of Catan Co is authorized to issue an unlimited number of common shares...
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guante question will save this response. Question : Question 1 16 points s Match each of the following stockholders' equity concepts to the most appropriate term (a-h). The account used to record the difference when issue price exceeds a. authorized shares par value of stock 3 b , issued shares The dollar amount assigned to each share of stock outstanding shares The number of shares currently held by stockholders d . par value • A class of stock having first...
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