Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a company has an authorised capital of: 2000 ordi

A company has an authorised capital of: 2000 ordinary shares of 4 each 500...

80.2K

Verified Solution

Question

Finance

  1. A company has an authorised capital of:

2000 ordinary shares of 4 each

500 10% preference shares of 9 each

The company has issued (sold):

2000 ordinary shares at a premium of 1 each

500 10% preference shares at par

Complete the following table to show the amount that was entered in each account.

Account

Amount

Issued Share Capital

Issued preference Capital

Share premium Account

Total in bank

  1. A company has an authorised capital of:

900 ordinary shares of 3 each

100 8% preference shares of 5 each

The company has issued (sold):

600 ordinary shares at a premium of 1 each

70 8% preference shares at par

Complete the following table to show the amount that was entered in each account.

Account

Amount

Issued Share Capital

Issued preference Capital

Share premium Account

Total in bank

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1a. Find the equation of a tangent line to the curve f(x) = ln(2?x)/x + 3x...

Basic Math
Q

2. Describe the role of hormones in calcium regulation and how bone, kidney, and the intestines...

Medical Sciences
Q

1. Prior to the AIDS epidemic, what type of population growth was occurring in sub-Saharan Africa? 2....

Biology
Q

I want to know if a prep course increases passing rates for the CPA exam. I...

Psychology
Q

I need a fresh answer. Do not copy and paste. Solve only when you have deep...

Accounting
Q

Match the terms used in Video 4 4 with their meanings Concordance Correlation coefficient Threshold...

Biology
Q

Objective Question II One or more correct option 7 A simple pendulum of length L...

Physics
Q

Bradley High School was the winner in Saturday's track meet with the help of 20individual-event...

Basic Math
Q

Please answer A-d MGA 202 A Fall 2017...

Accounting
Q

11-1 If Company XYZ plans to invest in a project with initial capital outlay $52,125,...

Finance
Q

Taxpayers who receive interest income of $10 or more will receive which form from the...

Accounting
Q

Assume that a bond will make payments every six months as shown on the following...

Finance