At 30 June 2014 the capital and reserves of Meredith, a limited liability company, were Sm Share capital Ordinary shares of $1 each Share premium account 100 80 During the year ended 30 June 2015, the...


At 30 June 2014 the capital and reserves of Meredith, a limited liability company, were<br>Sm<br>Share capital<br>Ordinary shares of $1 each<br>Share premium account<br>100<br>80<br>During the year ended 30 June 2015, the following transactions took place<br>-1 September 2014 A bonus issue of one ordinary share for every tvo held, using the share premium account.<br>1 January 2015 A fully subscribed rights issue of two ordinary shares for every tive held at that date, at S1-50 per share.<br>What would the balances on each account be at 30 June 2015<br>A.<br>Share Capital $210m, Share premium account $110m<br>B.<br>Share Capital $240m Share premium account $80m<br>C.<br>Share Capital $210m Share premium account 610m<br>D.<br>Share Capital $240m Share premium account $30m<br>

Extracted text: At 30 June 2014 the capital and reserves of Meredith, a limited liability company, were Sm Share capital Ordinary shares of $1 each Share premium account 100 80 During the year ended 30 June 2015, the following transactions took place -1 September 2014 A bonus issue of one ordinary share for every tvo held, using the share premium account. 1 January 2015 A fully subscribed rights issue of two ordinary shares for every tive held at that date, at S1-50 per share. What would the balances on each account be at 30 June 2015 A. Share Capital $210m, Share premium account $110m B. Share Capital $240m Share premium account $80m C. Share Capital $210m Share premium account 610m D. Share Capital $240m Share premium account $30m

Jun 11, 2022
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