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Question 4 A company has an authorised capital of: 1000 ordinary shares of 20 each 500 10% preference shares of 30 each The company
Question 4 A company has an authorised capital of: 1000 ordinary shares of 20 each 500 10% preference shares of 30 each The company has issued (sold): 1000 ordinary shares at a premium of 5 each 100 10% preference shares at par Complete the following table to show the amount that was entered in each account. Account Issued Share Capital Issued preference Capital Share premium Account Total in bank Amount
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