On October 1, Venden Holdings equity is as follows. On October 1, Venden declares and distributes a

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On October 1, Venden Holdings’ equity is as follows. image text in transcribed

On October 1, Venden declares and distributes a 12% share dividend when the market price of the shares is £14 per share.
Instructions

a. Compute the book value per share (1) before the share dividend and (2) after the share dividend.
(Round to two decimals.)

b. Indicate the balances in the three equity accounts after the dividend shares have been distributed.

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Financial Accounting With International Financial Reporting Standards

ISBN: 9781119787051

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 05, 2024 01:25 AM

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On October 1, Venden Holdings equity is as follows. On October 1, Venden declares and distributes a

Question:

Share capital-ordinary, 5 par value 400,000 Share premium-ordinary 25,000 Retained earnings 225,000 Total equity 650,000

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Financial Accounting With International Financial Reporting Standards

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