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Q.4. Following transactions took place between Acqa Itd. And Shark Ltd. Show the impact of these transactions (in the books of Acqu Itd and Shark Itd) through accounting equation in the space provided. ( 54=20 marks) Acqa Itd. Assets = Liabilities + Capital Shark Ltd. Assets = Liabilities + Capital 3. On 31tt March 2018, Shark Ltd. assessed their financial position instead of cash dividend they declared and distributed a Bonus of 1 fully paid Equity Share of Rs. 100 each for every 5 Shares held. Q.4. Following transactions took place between Acqa Itd. And Shark Ltd. Show the impact of these transactions (in the books of Acqu Itd and Shark Itd) through accounting equation in the space provided. ( 54=20 marks) Acqa Itd. Assets = Liabilities + Capital Shark Ltd. Assets = Liabilities + Capital 3. On 31tt March 2018, Shark Ltd. assessed their financial position instead of cash dividend they declared and distributed a Bonus of 1 fully paid Equity Share of Rs. 100 each for every 5 Shares held