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Home Q & A Board Other Fields Homework Help Business Accounting
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mr3steps mr3steps
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5 years ago
Accounting recognition must be given to common share subscriptions on the subscription date:
A) to guarantee the receipt of dividends subsequent to the subscription date.
B) because the dollar amount is usually large.
C) because all events relating to the common share accounts must be disclosed.
D) because a legal contract is involved.
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
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mommytmkmommytmk
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5 years ago
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mr3steps Author
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#2
5 years ago
Good timing, thanks!
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