On September 30, 2021, Dunn Limited has the following statement of financial position: i(click here to view financial da
Posted: Thu May 26, 2022 8:31 am
statement of financial position: i(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 38,750 31,000 7,750 38,750 Done - X
On September 30, 2021, Dunn Limited has the following