Section C-Question 3 Given the information below, complete the table by calculating the share capital for the business: The business had an authorised capital of 75,000 ordinary shares at 5 each 25,000 6% preference shares at 9 each The business has issued 75,000 ordinary shares at a premium of 3 each 15,000 6% preference shares at par Account Amount Issued ordinary share capital Issued preference capital Share premium account Total capital in bank Max score: 8 Previous question Next