Emcee Berhad issued 2,000,000 new ordinary shares to the public, at an offer price of RM2.30 per share. Application for a total of 5,000,000 shares was received.
(a) Show the necessary journal entries upon completion of the above transaction.
(b) Prepare the extract of SOFP, showing the equity position of Emcee Berhad after completion of the above transaction.
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Emcee Berhad issued 2,000,000 new ordinary shares to the public, at an offer price of RM2.30 per share. Application for a total of 5,000,000 shares was received.
Emcee Berhad issued 2,000,000 new ordinary shares to the public, at an offer price of $2.30 per share. Application for a total of 5,000,000 shares was received. Show the necessary journal entries upon completion of the above transaction.
Emcee Berhad issued 2,000,000 new ordinary shares to the public, at an offer price of $2.30 per share. Application for a total of 5,000,000 shares was received. Prepare the extract of SOFP, showing the equity position of Emcee Berhad after completion of the above transaction.
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