Question

Q The Following information relates to ABC Ltd as on March 31" 2020
Ordinary Shares (51)
Retained Earnings
General Reserve
50000
25000
10000
Additional Information:
Profit for the year $10000
> 10% dividend on ordinary shares
Transfer to general reserve $5000.
Required: Prepare Statement of changes in Equity and extracts of Statement of Financial Position,
Q: Write three difference between debentures and shares
Q: Define Authorized Capital, Issued Capital, Pald up Capital & Called up Capital​

please give answer hurry up its urgent

Answer 1

Answer:

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