e. On June 30 of the current year all payments required by items (a) through (d) above were paid. f. Common shareholders approved a reduction in par value from $10 per share to $5 per share and the...


e. On June 30 of the current year all payments required by items (a) through (d) above were paid.


f. Common shareholders approved a reduction in par value from $10 per share to $5 per share and the deficit was eliminated.


Prepare all necessary entries to record the above transactions (a) through (f).



Dec 09, 2021
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