Share issue cost: Cost such as legal fee, promotional charge, and accounting services incurred for the purpose of share issuance would reduce the net cash proceeds from the sale of shares. To write: A memo to the supervisor explaining the difference between the treatment for the share issue cost from the way debt issue costs are recorded.

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Chapter 18, Problem 18.6DMP

To determine

Share issue cost: Cost such as legal fee, promotional charge, and accounting services incurred for the purpose of share issuance would reduce the net cash proceeds from the sale of shares.

To write: A memo to the supervisor explaining the difference between the treatment for the share issue cost from the way debt issue costs are recorded.

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