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N.4 O QUESTION X Co has the following capital structure: 400,000 ordinary shares of 50c Share premium account Retained earnings Shareholders' equity $ 200,000 70,000

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N.4 O QUESTION X Co has the following capital structure: 400,000 ordinary shares of 50c Share premium account Retained earnings Shareholders' equity $ 200,000 70,000 230,000 500,000 Show its capital structure following: (a) A '1 for 2' bonus issue (b) A rights issue of '1 for 3' at 75c following the bonus issue, assuming all rights taken up

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