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Breamlea Ltd has as a dividend reinvestment plan in which it provides participating shareholders with dividends amounting to $9000000. The share is existing shares, which
Breamlea Ltd has as a dividend reinvestment plan in which it provides participating shareholders with dividends amounting to $9000000. The share is existing shares, which will be acquired from the capital market.
Expliain is the balance of share capital account increased or decreased as result of dividend reinvestment plan?
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