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13 Section 3: Changes in In Equity (8 points) out of on Musket Limited has an authorised capital of: 200 000 ordinary shares of 2

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13 Section 3: Changes in In Equity (8 points) out of on Musket Limited has an authorised capital of: 200 000 ordinary shares of 2 each 100 000 3% preference shares of 5 each The company has issued: 150 000 ordinary shares at a premium of 1 each 80 000 3% preference shares at par. Complete the following table to show the amount that was entered in each account 2 marks are awarded for each correct calculation Account Amount Issued Share Capital Issued preference Capital Share premium Account Total in bank

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