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At 31 December 20X4 a companys capital structure was as follows: R Ordinary share capital 125,000 (500,000 shares of 25c each) Share premium account 100,000
At 31 December 20X4 a companys capital structure was as follows: R Ordinary share capital 125,000 (500,000 shares of 25c each) Share premium account 100,000 In the year ended 31 December 20X5 the company made a rights issue of 1 share for every 2 held at R1 per share and this was taken up in full. Later in the year the company made a bonus issue of 1 share for every 5 held, using the share premium account for the purpose. What was the companys capital structure (Ordinary share capital and Share premium account) at 31 December 20X5
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