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CIMA Fundamentals of financial accounting BA3 Question # 17 Topic 2 Discussion

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CIMA Fundamentals of financial accounting BA3 Question # 17 Topic 2 Discussion

BA3 Exam Topic 2 Question 17 Discussion:
Question #: 17
Topic #: 2

At 1 January 20X8 JKL has share capital of $500,000 and share premium $270,000. The nominal value of each equity share is 50 cents On 31 July 20X8 JKL made a 1 for 4 bonus issue.

What is the balance on share premium following the bonus issue of shares? Give your answer to the nearest $'000

BA3 Question 17
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Actual exam question for CIMA BA3 exam by Zane8984 at Aug 2, 2025, 12:00:00 AM

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