On 5 March 20X7, Marchant Ltd issued 200,000 5% irredeemable GHS 1 preference shares. In accordance with IAS 32 Financial Instruments: Presentation , how will these shares and their related dividend...

• On 5 March 20X7, Marchant Ltd issued 200,000 5% irredeemable GHS 1 preference shares.

In accordance with IAS 32
Financial Instruments: Presentation, how will these shares and their related dividend be shown in Marchant Ltd’s financial statements for the year ended 31 March 20X7?