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Mathematics 13 Online
OpenStudy (anonymous):

Anyone, accounting question? A company's share capital consists of 150000 ordinary shares of $0.50 each. It makes a right issue of 1 ordinary shares for every 3 already held at 1.20 per share. It then makes a bonus issue of 1 share for every 5 held. Which amount will be shown in Balance Sheet for share capital?

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