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Give detailed solution with explanation. Q.4. Following transactions took place between Acqa Itd. And Shark Ltd. Show the impact of these transactions (in the books

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Give detailed solution with explanation.

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) 5. At its AGM on 30m March 2019 , Shrark Ltd. proposed shareholders to split its Equity Share of Rs. 100 into Two Equity Shares of Rs. 50 each to boost the liquidity of the shares in stock market. The necessary resolutions were passed with majority. Shark Ltd. Assets Liabilities ++ Capital 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) 5. At its AGM on 30m March 2019 , Shrark Ltd. proposed shareholders to split its Equity Share of Rs. 100 into Two Equity Shares of Rs. 50 each to boost the liquidity of the shares in stock market. The necessary resolutions were passed with majority. Shark Ltd. Assets Liabilities ++ Capital

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