Shareholder Funds 50,000 Shares of $1 fully paid $50,000
Posted: Mon Apr 25, 2022 7:59 am
Sheet as 30 June 2021.
Make a share issue of 2 new shares for every 5 shares held on
31st December 2021. The new shares to be issued at $1.00 per share
and are to be paid in full.
Q: How to CALCULATE the proceeds from Share
Issue?
Shareholder Funds 50,000 Shares of $1 fully paid $50,000