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BACP305/03 Company Accounting ICan I get full answer for this question ?Thanks in advance. QUESTION 3 RSV Bhd Statement of Financial Position as at 31

BACP305/03 Company Accounting ICan I get full answer for this question ?Thanks in advance.

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QUESTION 3 RSV Bhd Statement of Financial Position as at 31 December 2018 RM Non current assets 30,000 Less Accumulated Depreciation (10,000) 20,000 Current assets Bank 13.000 33.000 Preference share capital 5,000 Ordinary share capital 15,000 Retained profits 13,000 33.000 Required : Journal entries and statement of financial position a) RSV Bhd redeems RM5,000 preference shares, a new issue of RM5,000 ordinary shares being made for the purpose. Show the SOFP after completion of these transactions. Workings are to be shown as journal entries. [6 marks] b) RSV Bhd redeems RM5,000 preference shares, with no new issue of shares to provide funds. Show the SOFP after completing the transaction. Working show journal entries. [6 marks] c) RSV Berhad redeems RM5,000 preference shares. To help finance this an issue of RM1,500 ordinary shares is effected. Show the SOFP after these transactions have been completed; also show the necessary journal entries. [6 marks] d) RSV Bhd redeems RM5,000 preference shares at premium of 25 per cent. There is no new issue of shares for the purpose. In this question the share premium account is taken as being from the issue of ordinary shares some years ago. Show the SOFP after these transactions have been completed, and the supporting journal entries. [6 marks] e) RSV Bhd redeems RM5,000 preference shares at a premium of 40 per cent. There is an issue of RM7,000 ordinary shares for the purpose. The preference shares had originally been issued at a premium of 30 per cent. Show the SOFP after these transactions have been completed, and also the supporting journal entries. [6 marks]

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