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The shareholders' equity of Pondside Occupational Therapy Ltd on 30 June follows: (Click the icon to view the data.) On 31 October, the market price
The shareholders' equity of Pondside Occupational Therapy Ltd on 30 June follows: (Click the icon to view the data.) On 31 October, the market price of Pondside's ordinary shares was $16 per share and the company distributed a dividend of $880 to be satisfied by the issue of further shares valued at $16. Requirements 1. Journalise the distribution of the share dividend. 2. Prepare the shareholders' equity section of the balance sheet after the share dividend. Data table Requirement 1. Journalise the distribution of the share dividend. (Record debits first, then credits. Expla
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