The summarised balance sheet of Norest Ltd at 31 January 20*8 is given. On 1 February 20*8 Norest Ltd issued

Question:

The summarised balance sheet of Norest Ltd at 31 January 20*8 is given.

On 1 February 20*8 Norest Ltd issued a further 100,000 ordinary shares at a price of 30 pence per share.


Required

Prepare a summarised balance sheet at 1 February 20*8 after the new shares were issued.

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Question Details
Chapter # 20- The final accounts of limited companies
Section: Question
Problem: 13
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Question Posted: August 23, 2023 04:12:15