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Question No. (2): Alpha Corporation is a service company. Alpha has the following balances at the start of January 2020: - Accounts Receivable $6,000 -
Question No. (2): Alpha Corporation is a service company. Alpha has the following balances at the start of January 2020: - Accounts Receivable $6,000 - Accounts Payable $4,000 - Cash $8000 - Land $20,000 Alpha has the following balances at the start of January 2021: - Accounts Receivable increased by 50% - Accounts Payable decreased by 50% - Cash increased by 25% - Land remains the same. During 2020: Net Income =$10,000 Dividends =$5,000 Required: How much additional SHARE CAPITAL was raised during 2020 ? SHOW ALL YOUR CALCUALTIONS
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