Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company issues 100 new shares each with a nomina

A company issues 100 new shares each with a nominal value of CU1 for CU2.50....

90.2K

Verified Solution

Question

Accounting

image

A company issues 100 new shares each with a nominal value of CU1 for CU2.50. What is the impact on equity disclosures? CU= Currency unit Share capital increases by CU250 Share capital increases by CU 100 and share premium increases by CU150 Share capital increases by CU100 and retained earnings increase by CU150 Share capital increases by CU 100 and the statement of other comprehensive income increases by CU151

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

Conduct a web search for some examples of companies/organisations where internal controls have Failed to operate effectively....

Accounting
Q

What would be the acceleration voltage that we have to apply in the e/m ratio apparatus,...

Physics
Q

This is related Risks and Resilience in Supply Chains (1) Using a focal firm with which...

General Management
Q

An internet provider has analyzed the amount of time its customers are online per session...

Basic Math
Q

At the end of a snowstorm, Grace had 15 inches of snow on her lawn....

Basic Math
Q

e pie chart below depicts the beverage size customers Dose while at a fast food...

Statistics
Q

The probability that a person in the United States has type B blood is 8...

Statistics
Q

Simplify the expression This type of expression arises in calculus when using the quotient rule...

Algebra
Q

Cottonwoods CVP income statement included sales of 5,000 units, a selling price of $100, variable...

Accounting
Q

A company starts the period with 300 computers in inventory, purchases 90 more, returns 12...

Accounting
Q

Prepare a written report based on the CAFR you selected. Answer the following questions: 1)...

Accounting
Q

Complete this question by entering your answers in the tabs below. Assume again that Andretti...

Accounting