0% Plagiarism Guaranteed & Custom Written

Wolfgang issue shares via installment.

01 / 10 / 2021 Projects

This paper circulates around the core theme of Wolfgang issue shares via installment. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

Wolfgang issue shares via installment.

Wolfgang issue shares via installment.On 1st June they issue a prospectus to potential investors advertising that they will sell $1,000,000 shares at $1 each. Payable $0.50 on application, $0.30 on allotment, and $0.20 on call.By 15th September, the applications are all received, and 1,500,000 share applications were received. On 30th September, Wolfgang decide to refund excess applications.What journal entry should be entered on 30th September?Dr Application $250,000Cr Allotment $250,000Dr Cash $1,500,000Cr Cash Trust $1,500,000Dr Application $250,000Cr Cash Trust $250,000Dr Application $1,500,000Cr Ordinary Share Capital $1,500,000



International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

Company # 11483120

Benefits You Get

  • Free Turnitin Report
  • Unlimited Revisions
  • Installment Plan
  • 24/7 Customer Support
  • Plagiarism Free Guarantee
  • 100% Confidentiality
  • 100% Satisfaction Guarantee
  • 100% Money-Back Guarantee
  • On-Time Delivery Guarantee
FLAT 50% OFF ON EVERY ORDER. Use "FLAT50" as your promo code during checkout