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Moving to another question will save this response Question 11 Intate 2017, the Vedanta group was formed. The corporate charter authories thence of following shares

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Moving to another question will save this response Question 11 Intate 2017, the Vedanta group was formed. The corporate charter authories thence of following shares . 5.000.000 shares of preferred stock of par value $20 . 6.000.000 shares of common Mock of a value 1. . The following transactions took place during the year of 2018 . 1.000.000 shares of preferred stock are issued at $0 per share 3.000.000 shares of the common stock wed 510 persone . During the year company earned are income of $9.000.000 and decided to write son common stock . The retained earnings at the beginning of 2018 was 1.000.000 Required: Using the above information, prepare a the Statement of Retained earnings for December 2018 (10 marks b. the Shareholders equity section as at 31 December, 2018 (15 mars You should copy cold and poste Ce the mobles per blow into the answer space You can then in de roble with the required information from your work Statement of Retained Earnings * TOSHIBA

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