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need help asap During the year ended June 30,2022 , a company made a new issue of 800,000 ordinary shares with par of $1.50 per
need help asap
During the year ended June 30,2022 , a company made a new issue of 800,000 ordinary shares with par of $1.50 per share, collecting $1,500,000. They then made another new issue of 200,000 ordinary shares with par of $1.50 per share, collecting $350,000. As at June 30,2021 , the company's capital structure was as follows: - 2,700,000 ordinary shares of $1.50 each $4,050,000 - Share premium account - $1,250,000 What was the company's capital structure at June 30,2022 ? a. No. of ordinary shares 3,700,000; share capital $5,550,000; share premium $1,600,000 b. No. of ordinary shares 7,750,000; share capital $5,550,000; share premium $1,600,000 c. No. of ordinary shares 3,700,000; share capital $5,900,000; share premium $1,600,000 d. No. of ordinary shares - 7,750,000; share capital - $5,900,000; share premium - $1,150,000 CLEAR MY CHOICEStep by Step Solution
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