Question
ABC Company's shareholder's equity is comprised of 10,000, P 10 par ordinary shares, P 40,000 share premium and retained earnings of P 600,000. If 40%
ABC Company's shareholder's equity is comprised of 10,000, P 10 par ordinary shares, P 40,000 share premium and retained earnings of P 600,000. If 40% bonus issue is declared when the shares are selling for P 50 per share, what amount should be transferred from the retained earnings account to the share premium account?
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Auditing In The Food Industry From Safety And Quality To Environmental And Other Audits
Authors: M Dillon, C Griffith
1st Edition
1855734508, 978-1855734500
