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i'm confused to do the journal entries how to know the bank balance because i could not find it QUESTION The following information is from

i'm confused to do the journal entries

how to know the bank balance because i could not find it

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QUESTION The following information is from the books of Corona Bhd as at 1 January 20x2: RM Bank 30.000.000 Issued and paid up capital 10.000.000 ordinary shares 50.000.000 300.000 4% preference shares 600.000 Reserves Retained prots 69.000.000 Non-current liabilities 1,000,000 3% Redeemable preference shares 2.000.000 During the year ended 31 December 20x2. the following transactions took place: 1. The company redeemed all the 3% redeemable preference shares at its carrying value. The redemption was made out of prot. 2. The company buyback half of its ordinary shares from the open market at RM2.00 each and cancel it Immediately

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