=+ (a) The Ordinary Shares to be consolidated into 23,520 Shares of 10/- each. (b) The rate

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(a) The Ordinary Shares to be consolidated into 23,520 Shares of 10/-

each.

(b) The rate of interest on the Preference Shares is to be reduced to 5 %

and the 100,800 Preference Shares will then be consolidated into 33,600 shares of £1 each.

(c) The Debenture holders, in view of interest due, will accept 3,600 of the new Ordinary Shares.

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Accounting Principles And Practice

ISBN: 9781483169354

1st Edition

Authors: S. Hall, N. Skene Smith

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Question Posted: Sep 02, 2024 05:01 AM

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=+ (a) The Ordinary Shares to be consolidated into 23,520 Shares of 10/- each. (b) The rate

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Accounting Principles And Practice

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