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Asked by golamrashik
Please answer the question below: Its related to accounting! End of...
Please answer the question below:
Its related to accounting!
Image transcription text
End of Chapter Exercise 9.2 Warren Ltd was organised on 2 Januaryr EU US, and proceeded to issue BELEIDE] 9% cumulative preference shares and 196,00fl ordinary:r shares. The preference shares were issued privater at a value of $2 each and the ordinary shares were issued to the public at $5 each, pavable in two instalments of $2.5D per share. The first instalment was pavable on application and the remaining instalment was pavable bv 3E] June EDIT. The call for the second and final instalment has not vet been made. Prepare the equity section of the balance sheet as at 3E] June 201?. Warren Ltd Balance sheet {equityr section} as at 3|] June EDI?
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Answered by vineetgoyal
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