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N.3 a o QUESTION CLARKE FRINGLAND CO STATEMENT OF FINANCIAL POSITION AS AT 31/12/20X3 (EXTRACT) $ Share capital (500) 8,
Posted: Thu May 19, 2022 11:23 am
by answerhappygod
- N 3 A O Question Clarke Fringland Co Statement Of Financial Position As At 31 12 20x3 Extract Share Capital 500 8 1 (25.66 KiB) Viewed 43 times
N.3 a o
QUESTION CLARKE FRINGLAND CO
STATEMENT OF FINANCIAL POSITION AS AT 31/12/20X3 (EXTRACT) $ Share capital (500) 8,000 Share premium 7,000 Retained earnings 10,000 25,000 Clarke Fringland Co decides on a rights issue of 1 for 4 at $1.20. Required What is the double entry to record the issue of shares and what is the adjusted financial position extract after the issue?