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What is Share Capital Accounting Exercises about?

1. The document provides examples of journal entries for issuing shares using the memorandum method and journal entry method. It includes entries for issuing ordinary shares, preference shares, and recording related accounts like share capital, share premium, and legal capital. 2. Exercise 2 shows journal entries for issuing ordinary and preference shares on different dates, and calculates account balances for share capital, share premium, and legal capital. 3. Exercise 3 provides two examples of journal

Author

Cleo Faith Buaron

Language

EN