My orders
How it works
Examples
Reviews
Blog
Homework Answers
Submit
Sign in
How it works
Examples
Reviews
Homework answers
Blog
Contact us
Submit
Fill in the order form to get the price
Subject
Select Subject
Programming & Computer Science
Math
Engineering
Economics
Physics
Other
Category
Microeconomics
Finance
Accounting
Macroeconomics
Economics of Enterprise
Other
Deadline
Timezone:
Title
*
Task
*
The 3,000, 6% Redeenmable Preference Shares of R100 each, fully paid of XxY Ltd. were due for redemption on 30 - 06-18 at a premium of 5%. The company made an issue of 2,000 Equity Shares of T 100 each at a premium of 20% on the above mentioned date. The issue was immediately subscribed and paid for. Expenses of issue of the shares came toR 10,000. The General Reserve and P/L had balance of 3,50,000 and { 60,000 on 30 - 06-18. The redemption was carried out, holders of 500 shares not being traceable. A bonus issue of 3,00,000 in the form of fully paid equity shares was made. Show the journal as summing that revenue reserve or surplus is to be used to the minimum extent possible. (Amount transfe;red to C. R. R. Account 1,00,000)
I need basic explanations
Special Requirements
Upload files (if required)
Drop files here to upload
Add files...
Account info
Already have an account?
Create an account
Name
*
E-mail
*
Password
*
The password must be at least 6 characters.
I agree with
terms & conditions
Create account & Place an order
Please fix the following input errors:
dummy
