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On June 30, 2021, Murali Limited has the following statement of financial position: (click here to view financial data)
Posted: Thu May 26, 2022 8:21 am
by answerhappygod
- On June 30 2021 Murali Limited Has The Following Statement Of Financial Position Click Here To View Financial Data 1 (38.36 KiB) Viewed 19 times
On June 30, 2021, Murali Limited has the following
statement of financial position: (click here to view financial data) On the same day, the
company decides to issue bonus shares on the basis of one new share for every ten currently held. Required: Re-draft the
statement of financial position after the bonus issue has been completed. (Complete the necessary drop downs. Fill in the relevant cells with its corresponding figures.) First, fill in the heading for the
statement of financial position. (Complete the necessary drop downs.) Now you need to update the information after the bonus issue is complete: (Type an integer.) Total Net Assets Share capital (£1 shares) Reserves Total Equity More info Total Net Assets Share capital (£1 shares) Reserves Total Equity Print C £ 18,750 15,000 3,750 18,750 Done X