Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 1 Which one of the following alternatives represents the correct number of ordinary shares issued by Tshilangoma Ltd during the current financial year ended

QUESTION 1

Which one of the following alternatives represents the correct number of ordinary shares issued by Tshilangoma Ltd during the current financial year ended 31 January 2020?

  • A.

    150 000

  • B.

    350 000

  • C.

    210 000

  • D.

    550 000

  • E.

    200 000

Reset Selection

Question 2 of 5

3.0 Points

QUESTION 2

Which one of the following alternatives represents the correct amount of commission paid to the underwriter for the issue of ordinary shares on 1 January 2020?

  • A.

    2 250

  • B.

    3 000

  • C.

    5 250

  • D.

    10 500

  • E.

    6 000

Reset Selection

Question 3 of 5

3.0 Points

QUESTION 3

Which one of the following alternatives represents the correct number of capitalisation shares offered of or to the ordinary shares on 31 January 2020?

  • A.

    37 500

  • B.

    50 000

  • C.

    192 500

  • D.

    100 000

  • E.

    87 500

Reset Selection

Question 4 of 5

3.0 Points

QUESTION 4

Assume that the correct number of capitalisation shares is 101 000. Which one of the following alternatives represents the correct value of the capitalisation share issue to ordinary shareholders of Tshilangoma Ltd?

  • A.

    222 200

  • B.

    110 000

  • C.

    192 000

  • D.

    192 500

  • E.

    190 000

Reset Selection

Question 5 of 5

3.0 Points

QUESTION 5

Which one of the following alternatives represents the correct preference share dividend paid to preference shareholders at year ended 31 January 2020?

  • A.

    30 000

  • B.

    12 500

  • C.

    16 500

  • D.

    30 500

  • E.

    12 000

Reset Selection

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting and Reporting

Authors: Barry Elliott, Jamie Elliott

18th edition

1292162406, 978-1292162409

More Books

Students also viewed these Accounting questions

Question

Identify the major phases of the training and HRD process

Answered: 1 week ago