September 2021, Austin LOADING... On the same day, the company decides to issue bonus shares on the basis of one new s
Posted: Thu May 26, 2022 8:25 am
September
2021,
Austin
LOADING...
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.)
Question content area bottom
Part 1
First, fill in the heading for the statement of financial
position. (Complete the necessary drop downs.)
Part 2
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 £ 22,500 18,000 4,500 22,500 Done X
2021,
Austin
LOADING...
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.)
Question content area bottom
Part 1
First, fill in the heading for the statement of financial
position. (Complete the necessary drop downs.)
Part 2
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 £ 22,500 18,000 4,500 22,500 Done X