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QUESTION TWO (1) Distinguish the difference between the following concepts in relation to company accounting (a) Bonus issue and Rights issues (b) Loan stock or

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QUESTION TWO (1) Distinguish the difference between the following concepts in relation to company accounting (a) Bonus issue and Rights issues (b) Loan stock or Bonds (c) Preference shares and Ordinary shares (d) Redeemable and Irredeemable (e) Reserves and Provisions (1) Unlimited and limited liability (9) Share capital and Share premium (II) Briefly explain the advantages and disadvantages of Bonus and rights issue

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