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Respected Sir,
How has been the share capital in financial position calculated ,following the restructuring program? How are 1600 and 800 calculated to give total share capital of 2400?On the SOFP in the question, there are currently 1,800 shares.
The question says that as part of the restructuring the will issue another 600 shares to replace the unsecured bonds.
Thankyou so much .. in kaplan solution they have added 1600+800 to get 2400 istead of 1800+600..i think its a mistake in the kit… thankyou so much for saving my life sir.. u r doing a great job .. God bless you
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