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RD Holdings Ltd

Question 63

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RD Holdings Ltd. which has authorized share capital of an unlimited number of common shares, and 1,000,000 preferred shares, had the following share transactions during 2021, its first year of operations: RD Holdings Ltd. which has authorized share capital of an unlimited number of common shares, and 1,000,000 preferred shares, had the following share transactions during 2021, its first year of operations:   Instructions  a) Record the 2021 share transactions. b) Prepare the share capital section of RD Holdings' balance sheet at December 31, 2021. Instructions
a) Record the 2021 share transactions.
b) Prepare the share capital section of RD Holdings' balance sheet at December 31, 2021.

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