Question
On September 30, 2021, Austin Limited has the following statement of financial position: LOADING... (click here to view financial data) On the same day, the
On September 30,2021, Austin Limited has the following statement of financial position:LOADING... (click here to view financial data)On the same day, the company decides to issue bonus shares on the basis of one new share for every ten currently held. Required: Re-draft the statement of financial position after the bonus issue has been completed. (Complete the necessary drop downs. Fill in the relevant cells with its corresponding figures.) |
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Part 1
First, fill in the heading for the statement of financial position. (Complete the necessary drop downs.)
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Part 2
Now you need to update the information after the bonus issue is complete: (Type an integer.)
Total Net Assets |
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Share capital (1 shares) |
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Reserves |
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Total Equity |
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