S Ltd has the following capital structure: 800,000 ordinary shares of 1 800,000 Share premium account 160,000
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Question:
S Ltd has the following capital structure:
800,000 ordinary shares of 1 | 800,000 |
Share premium account | 160,000 |
Retained earnings | 320,000 |
Shareholders' equity | 1,280,000 |
1,000,000 ordinary shares of 1 1,000,000
Retained earnings 280,000
Shareholders' equity 1,280,000
- Explain TWO reasons why S Ltd may want to issue bonus shares.
Related Book For
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
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