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ICOT Industries issued 15 million of its $1 par common shares for $424 million on April 11. Legal, promotional, and accounting services necessary to effect the sale cost $2 million.
Required:
1. Prepare the journal entry to record the issuance of the shares.
2. Explain how recording the share issue costs differs from the way debt issue costs are recorded.
Health care managers are charged with providing quality health care services to the community in efficient and effective ways. Managers strive to deliver quality care through their planning, organizing, and controlling efforts.
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construction began on jan 1 and completed dec 31.expenditures werefeb 1 420000may 1 325000 anddec 31 700000.monty
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