If profit after tax for the year ended June 30, 2021 is $520,000, transfer to general reserves is $43 000, 50,000 ordinary shares were issued at $2 50 each, and preference share dividend is to be accounted for in full, how muchis the total retained earnings at the end of the year O a $319,500 O b ...

After tax profit 520000 less General reseve 43000 less pre ...

If profit after tax for the year ended June 30, 2021 is $520,000, transfer to general...

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If profit after tax for the year ended June 30, 2021 is $520,000, transfer to general reserves is $43,000, 50,000 ordinary sh

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Fundamentals of corporate finance

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