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2.1 Prepare the journal of Mururani Ltd to effect the above transactions (Narrations are not required) 19 marks 2.2 Prepare the following accounts in the
2.1 Prepare the journal of Mururani Ltd to effect the above transactions (Narrations are not required) 19 marks 2.2 Prepare the following accounts in the general ledger of Mururani Ltd. . Income tax payable {3 marks) . Rundu investment bank Ltd (2 marks) . Application and allotment: ordinary shares {2 marks) . Ordinary share accounts {3 marks) 2.3 Prepare the extract ofthe statement of financial position for Mururani LTD as at 30 April 2021 only showing non~current liabilities (3 marks) 2.4 Explain four rights of a shareholder (4 marks) 2.5 The Companies Act prohibits the company from allocating shares for which the full purchase price has not yet been received. Answer True or False (2 marks)
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