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Please help me
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– During the year, a bonus issue of 1 share for every 4 held (The par value
of the shares outstanding is $1) at 1 January 20X9 followed by a right issue
on 5 February 20X9 at $1.2 each.
Share premium 230.000$. For 2019 120.000$
Share capital 200.00 $ 100.000$Basic accounting for share issues is covered in Chapter 13 of the notes https://opentuition.com/acca/fa – if you cannot follow from the notes you must watch the accompanying lecture. If you still cannot solve the question you should post a specific query to the relevant (FA) forum.
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