Question: QUESTION 5 In year 2020, Trive Sdn Bhd changed the name to Trive Corporation Berhad's (TB). Upon its Initial Public Offering (IPO) Trive Corporation Berhad's
QUESTION 5 In year 2020, Trive Sdn Bhd changed the name to Trive Corporation Berhad's (TCB). Upon its Initial Public Offering (IPO) Trive Corporation Berhad's (TCB) has been authorized capital of RM2 million. During the year TCB Issued capital and Subscribe capital are 80%. The company divided the Called-up capital: uncalled capital: reserve capital with the ratio of 6: 2:2. All called up capital is 100% paid capital. Required:- i. Calculate the entire amount for capital structure for Trive Corporation Berhad's (TCB). ii. If the par value for each capital is RM 3 how much the paid up capital the company received from the shareholder in total
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