Question: Clockmaker Ltd . presents the following Equity in the Statement of Financial Position: Capital of 2 2 0 , 0 0 0 2 2 0
Clockmaker Ltd presents the following Equity in the Statement of Financial Position: Capital of shares of each and Share Premium of Clockmaker Ltd makes a for bonus issue. Considering the previous information, which of the following statements is correct? a The company issues shares. Cash increases by and capital decreases in the same amount. b The company issues shares and share premium increases in c The company issues shares. Share premium decreases by and capital increases in the same amount. d None of the answers is true.
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