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Rock Ltd issued 180 000 7% cumulative preference shares at R5each, on the 1 January 2022. During the 2022 financial year, RockLtd did not have

Rock Ltd issued 180 000 7% cumulative preference shares at R5each, on the 1 January 2022. During the 2022 financial year, RockLtd did not have sufficient funds to pay for the cumulativepreference s 2 answers

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