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i already post a new one with the same question and clearer image 15:14 As Own Batty Butt Ah To RE 3.000.000 Ordewy Show 6.000.000
i already post a new one with the same question and clearer image
15:14 As Own Batty Butt Ah To RE 3.000.000 Ordewy Show 6.000.000 Praha 1.300.000 5.000.000 De 13.000.000 23.300.000 peretilen 2.000.000 Turm breytt cinay na Fast Second II Opera 200.000 Ohm wived. The director 3.200 oder 2 w way more than www. beario 15 www.decoder where to a 1. Bored with incandal Question 2 Below is an extract of the Statement of Financial Position of Butterfly Berhad as at 30 June 2019. Butterfly Berhad Statement of Financial Position as at 30 June 2019 (extract) ) Shareholders' Equity ' Authorised share capital 10,000,000 ordinary shares of RM2.00 each 6,000,000 7% preference shares of RM1.00 each % 20,000,000 6.000.000 26,000,000 Issued and fully paid-up capital 5,000,000 Ordinary Shares of RM2.00 each 5,000,000 7% Preference Shares of RM1.00 each 10,000,000 5,000,000 15,000,000 Long-term liabilities 8% Debentures 13,000,000 28,000,000 On 1 July 2019, the company invited the public to subscribe for its remaining Preference Shares payable in full on application and 2,000,000 ordinary shares of RM2 each. Terms for payment for ordinary shares were: Application 60 Sen Allotment 60 Sen First Call 50 Sen Second Call 30 Sen On 30 August 2019, applications for 800,000 Preference Shares and 3,500,000 Ordinary Shares were received. The directors rejected applications for 500,000 ordinary shares and allotted 2 shares for every 3 applied for among the remaining applicants. The surplus application money received was applied to the amounts due on the Allotment All monies due on allotment and first call were received. However, a shareholder, Azizi who had been allotted 1% of the shares offered, paid the second call together with the first call; while, Lina who was allotted 1.5% of the shares offered failed to pay on the due date the second call Required: Prepare the journal entries to record the above transactions (13.5 marks)
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