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Sir, could you please check it
The rights issue is 1/5 x 200.000 shares = 40.000 shares.
To share capital goes 40.000 x 1.2 = 48000; to share premium goes 48000 x 1.2= 57.600
There are now 248.000 shares in issue.
The bonus issue is 1/4 x 248.,000 = 62.000.
Share capital increases by 62000 x 1.2 = 74,400; share premium decreases by 74,400.
Couldn’t understand how to calculate bonus issue and right issue
Thanks for answer
