Question: QUESTION 1 [ 3 0 MARKS ) Kinta Baloyi Limited has an authorised share capital of 2 5 0 0 0 0 0 ordinary shares

QUESTION 1 [30 MARKS) Kinta Baloyi Limited has an authorised share

QUESTION 1
[30 MARKS)
Kinta Baloyi Limited has an authorised share capital of 2500000 ordinary shares of no-par value, of which 600000 had already been issued by the time the trial balance was prepared. The financial director requests your accounting knowledge in preparing the financial statements for the year ended 31 December 2021, and provides you with the following information: Trial balance at 31 December 2021
\table[[,\table[[Debit],[R
capital of 2500000 ordinary shares of no-par value, of which 600000 had

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