Which of the following is not an objective of internal control procedures? To ersure that: Select one answer: all expenditure is properly authorised the company receives all the income to which it is entitled the accounts comply with the law and accounting standards all assets are properly recorded and safeguarded The equity of Durfy Ltd at 1.12 .2022 was as follows: On 10.12.2022, the company made a bonus issue. 10 shares were issued for every share in existence at that date in such a way as to maximise the retained profits. The double entry reflecting this share issue is which of the following: On 10.12 2022, the company made a bonus issue. 10 shares were issued for every share in existence at that date in such a way as to maximise the retained profits. The double entry reffecting this share issue is which of the following: Select one answer: Dr: Retained profits 90,000 Dr: Share premium 10,000 Cr: Share capital 100,000 Dr: Share premium 10,000: Cr: Share capital 10,000 Dr: Share premium 30,000 Dr: Revaluation reserve 40,000 Dr: Retained profits 30,000 Cr: Share capital 100,000 Cr: Share premium 30,000 Cr: Revaluation reserve 40,000 Cr: Retained profits 30,000 Dr: Share capital 100,000 The following information relates to Taylor Ltd What is the gross profit of Taylor Lid for the month of February 2022 ? Select one answer: 129,100 132,100 171,200 154,100