Da Silva pics outline balance sheet as at a particular date was as follows: The directors made

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Da Silva pic’s outline balance sheet as at a particular date was as follows: image text in transcribed

The directors made a one-for-four bonus issue, immediately followed by a one-for-four rights issue at a price of £1.80 per share.
Required:
Show the balance sheet of Da Silva pic immediately following the two share issues.

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Financial Accounting For Decision Makers

ISBN: 9780273688471

4th Edition

Authors: Eddie McLaney, Peter Atrill

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Question Posted: May 22, 2024 02:00 AM

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Da Silva pics outline balance sheet as at a particular date was as follows: The directors made

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m Net assets 72 Equity: 1 ordinary shares 40 General reserve 32 72

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Financial Accounting For Decision Makers

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