[kevinjohn98]

i actually dont havew the answer or else i would not ask

[kevinjohn98]

share capital 1,000,000 shares of 50c each = 500000 dollars
share premium account = 400000 dollars

In the year-end , the company made following issues :
1 January 2005 :
A bonus issue of one share for every four in issue at that date ,using the share premium account.
1 April 2005 :
A rights issue of one share every ten issue at that date ,at 1.50 dollar per share
what is the share capital and share premium ?

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