2. A company was formed on 1 March 2018 by issuing 5,000,000 equity shares at OMR 0.400 each. If the company issued 3,000,000 more shares at OMR 0.800 each on 31 July 2019, How much amount will record under the head equity on SOFP? OMR 4,400,000 OMR 3,200,000 OMR 1,200,000 None of these

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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2. A company was formed on 1 March 2018
by issuing 5,000,000 equity shares at OMR
0.400 each.
If the company issued 3,000,000 more
shares at OMR 0.800 each on 31 July 2019,
How much amount will record under the
head equity on SOFP?
OMR 4,400,000
OMR 3,200,000
OMR 1,200,000
None of these
Transcribed Image Text:2. A company was formed on 1 March 2018 by issuing 5,000,000 equity shares at OMR 0.400 each. If the company issued 3,000,000 more shares at OMR 0.800 each on 31 July 2019, How much amount will record under the head equity on SOFP? OMR 4,400,000 OMR 3,200,000 OMR 1,200,000 None of these
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