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Please answer the questions 13.4, 13.5 and 13.6 with your detailed explanations, it's much appreciated! 13.4 At 31 December 201 the capital structure of Venus
Please answer the questions 13.4, 13.5 and 13.6 with your detailed explanations, it's much appreciated!
13.4 At 31 December 201 the capital structure of Venus Co was as follows: 100,000 ordinary shares of 50c each Share premium account $ During 202 Venus Co made a bonus issue of one ordinary share for every two held, using the share premium account for the purpose, and later issued for cash another 60,000 ordinary shares of 50c each at a price of 80c per share. What is Venus Co's capital structure at 31 December 20X2? Ordinary share capital $ 130,000 105,000 130,000 105,000 Share premium account $ 173,000 173,000 137,000 137,000 5 An organisation's year end is 30 September. On 1 January 206 the organisation took out a loan of $100,000 with annual interest of 12%. The interest is payable in equal instalments on the first day of April, July, October and January in arrears. How much should be charged to the statement of profit or loss (SPL) for the year ended 30 September 20X6, and how much should be accrued on the statement of financial position (SOFP)? Identify, by identifying the relevant box in the table below, whether each of the following statements about company financial statements is true or false, according to IFRSStep by Step Solution
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