Question 2 (a) A company has the following capital structure: Ordinary share capital 200,000 shares of 25n Share premium account It makes a 1 for 5 rights issue at K1.25. K 50,000 75,000 What is the balance on the share premium account following the rights issue? 2marks) (b) At 31 December 2011 the capital structure of a company was as follows: Ordinary share capital 100,000 shares of 50n each Share premium account K 50,000 180,000 During 2012 the company made a bonus issue of 1 share for every 2 held, using the share premium account for the purpose, and later issued for cash another 60,000 shares at 80n per share. What is the company's capital structure at 31 December 2012? (5marks) (c) At 1 January 2010 the capital structure of Q, a limited liability company, was as follows: Issued share capital 1,000,000 ordinary shares of 50n each Share premium account K 500,000 300,000 On 1 April 2010 the company made an issue of 200,000 50n shares at K1.30 each, and on 1 July the company made a bonus (capitalisation) issue of one share for every four in issue at the time, using the share premium account for the purpose. REQUIRED (a) State the par value and the share premier price (1 mrk) (b) Calculate the company's share capital and share premium account at 31 December 2010? (4marks)