On its balance sheet dated December 31, 2019, Coral Ltd. has 10,000 common shares issued...
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Accounting
On its balance sheet dated December 31, 2019, Coral Ltd. has 10,000 common shares issued and outstanding at an average price of $15 per share. During 2020, it reported the following:
The average price of common shares and preferred shares remain unchanged throughout the year. At December 31, 2020, the common shares account would have a balance of:
a.9,000
b.14,000
c.27,500
d.None of the other alternatives are correct
e.135,000
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