At December 31, 2019, B Company Ltd had the following capital structure:
o 10,500,000 ordinary shares of $1.25 each
o Share premium account - $850,000
During the following financial year, the
company made a new issue of 900,000
ordinary shares with par of $1.25 per share,
collecting $1,500,000. They then made
another new issue of 350,000 ordinary shares
with par of $1.25 per share for $1.70 each.
What was the company's capital structure as
at December 31, 2020?
No. of ordinary shares:
Share capital ($):
(Share premium ($):