urces bursanes and lauale nie - 16 SISA Ltd is a company with 40 000 authorised Ordinary Share Capital with a par value of R1. The company issued 30 000 shares at R1.30 for each share What would be the effect of this transaction in SISA's records? -1 ed out of question Select one: O a Ordinary share capital will increase by R39 000 and share premium will be unaffected, O b. Ordinary share capital will increase by R30 000 and share premium will increase by R39 000. O c Ordinary share capital will increase by R39 000 and share premium will increase by R9 000 O d. Ordinary share capital will increase by R30 000 and share premium will increase by R9 000, F 17 yer During the year ended 30 June 2016, a company's revaluation reserve increased from R300 000 to R380 000 as a result of a property revaluation. At the start of that financial year, the company's property had been valued at R310 000. Assuminig that no property was disposed of during the year, which of the following statements is true? sed out of Flag question Select one a. The property's revalued amount was R380 000, b. The property's revalued amount was R1 310 000 O c The property's revalued amount was R1 190 000 O a. The property's revalued amount was R290 000 - 18 wered and out of 00 Identify the CORRECT statement regarding the requirements of AASE 101. LAASB 101 requires that the financial report must be presented in the English language II. AASB 101 requires that the financial report need not provide comparative information AASB 101 requires that a financial report must indude the name of the entity TV AAB 101 recites that financial report must cover the affairs of no more than one entity Select one DAIM B., G& OD. Resources Busines and uraduate Programme Question 21 Not yet anowered Mouto 100 The Capital and reserves of a company appear as shown below. On this day the directors of the company resolve to make a bonus issue of one for every five ordinary shares, for the purpose of enlarging the capital base ot the company. Which of the following entries is context Ordinary shares of 50 cents R800 000 Share premium account R120 000 Retained earnings R195 500 Tagestion Select one O A. De Share premium R160 000. Share Capital R160 000 OB Dr Share Premium R120.000. Share Capital R120000 O Dr Retained Eamings R160 000, CShare Capital R160 000 OD. Dr Share Premium R120 000, Dr Retained Earnings R40 000, Share Capital R160 000 22 Not yet Shehalid statement of financial position shows ordinary share capital of R150 000 and share premium of R50 000 at the beginning of a financial year. If the ordinary share capital is R250 000 and share premium is R120 000 at the end of the financial year how much did the ordinary share issue rare? Marked out Log Hagon Select one Da R170 000 R370 000 @ R100 000 d. R250 000 Out 23 ABC LTD's profit utter tax for an accounting penod is R12m. The company's issued share capital consists of Som ordinary shares of 50 cents each and 10m preference shares of Reach. The preference dividend is Rim Earnings per share for the period are Select one 33 cents Page OC 22 cents cent mi 14"C
