On 1 0 July 2 0 1 8 , Khoza Bazaar Ltd was incorporated with an authorized
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On July Khoza Bazaar Ltd was incorporated with an authorized share capital of ordinary shares and preference shares. Khoza Bazaar invited the public on July to subscribe to ordinary shares at R per share and preference shares at R per share. The closing date is July Khoza Bazaar received applications for ordinary shares and preference shares. Share issue cost of on the issued ordinary and preference shares were incurred. The directors issued all the shares for which applications were received on August What is the total issued preference share capital as it would appear in the statement of changes in equity?
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