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Prepare a relevant journal entries to record the transaction Initcgrly Bethal ruleunel all the releemsblc prelitctice shares al a premium of 8%. A total of

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Prepare a relevant journal entries to record the transaction

Initcgrly Bethal ruleunel all the releemsblc prelitctice shares al a premium of 8%. A total of 8,000,000 ordinary shares of RMI each were issued at a premium of 9% to partly lnaice the redemption Integrity Berhad Slatement of Financial Position as at 31 December 2019 RM000 Non-current assets 52.650.00 CULTTC Assis 11.520.00 Bank 46,800.00 110.970.00 Otelimary shares of RMl cach 30.600.00 10 redeemable preference shares of RMI each 22.950.00 Retamed profits 13.920.00 Current liabilities 19.500.00 110970.00

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