Enilorac28
Sep 10, 2012, 07:29 PM
What is the adjusting entries for this transactions??
Share capital at 30 June 2010 consisted of 43 million shares. On 1 July 2011, a rights issue of 5,000,000 shares raised $15,000,000 of additional capital. On 15th July 2012, the directors declared a final dividend of 10 cents per share.
Share capital at 30 June 2010 consisted of 43 million shares. On 1 July 2011, a rights issue of 5,000,000 shares raised $15,000,000 of additional capital. On 15th July 2012, the directors declared a final dividend of 10 cents per share.