Accountancy, asked by afridiatta22, 1 month ago

a company has initial offering of 20 million. that offering increase the total share count to 2000.after the payment of dividend to its 400 shareholders at rate of $0.4 the company issued 200 treasury stocks worth 5 millionm what would be the effect of accounting equation.​

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Answered by richathakurchailly2
1

Answer:

a company has initial offering of 20 million. that offering increase the total share count to 2000.after the payment of dividend to its 400 shareholders at rate of $0.4 the company issued 200 treasury stocks worth 5 millionm what would be the effect of accounting equation.

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