Question
The following is an extract of the Statement of Financial Position of Venus Company: RM'000 RM 5,000 RM 10,000 RM 20,000 RM 35,000 Common
The following is an extract of the Statement of Financial Position of Venus Company: RM'000 RM 5,000 RM 10,000 RM 20,000 RM 35,000 Common Stock (RM 2 par value) Premium Retained Earnings Total Equity The company is considering giving 20 percent stock dividends to its shareholders and the current market price of shares is RM 8. Show the effect on the Statement of Financial Position after providing the stocks dividends.
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Understanding Financial Accounting
Authors: Christopher D. Burnley
2nd Canadian Edition
1119406927, 978-1119406921
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