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7. RLS PLC is looking to raise funds through issuing ordinary shares at 1 per share. The nominal value of the ordinary shares is 1

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7. RLS PLC is looking to raise funds through issuing ordinary shares at 1 per share. The nominal value of the ordinary shares is 1 per share. What impact will the share issue have on the financial statements? A: There will be no impact on the financial statements B: Liabilities will decrease C: Share capital will increase D: Expenses will increase

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