QUESTIONS 13.7 At 30 June 20X2 Walker Co's capital structure was as follows: 2$ Ordinary share capital 500,000 shares of 25c each Share premium account 125,000 100,000 In the year ended 30 June 20X3 the company made a rights issue of one share for every two held at $1 per share and this was taken up in full. Later in the year the company made a bonus issue of one share for every five held, using the share premium account for the purpose. What was Walker Co's capital structure at 30 June 20X3? Ordinary share capital Share premium account 450,000 225,000 225,000 212,500 25,000 325,000 250,000 o 08 to 262,500 ASLED ABCD

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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13.7 At 30 June 20X2 Walker Co's capital structure was as follows:
Ordinary share capital
500,000 shares of 25c each
Share premium account
125,000
100,000
In the year ended 30 June 20X3 the company made a rights issue of one share for every two held at $1
per share and this was taken up in full. Later in the year the company made a bonus issue of one share
for every five held, using the share premium account for the purpose.
What was Walker Co's capital structure at 30 June 20X3?
Ordinary share capital
Share premium account
2$
450,000
225,000
225,000
,0D 212,500
24
25,000
A
ilaa 325,000
ws. 250,000
co08 to 262,500
%24
Transcribed Image Text:QUESTIONS 13.7 At 30 June 20X2 Walker Co's capital structure was as follows: Ordinary share capital 500,000 shares of 25c each Share premium account 125,000 100,000 In the year ended 30 June 20X3 the company made a rights issue of one share for every two held at $1 per share and this was taken up in full. Later in the year the company made a bonus issue of one share for every five held, using the share premium account for the purpose. What was Walker Co's capital structure at 30 June 20X3? Ordinary share capital Share premium account 2$ 450,000 225,000 225,000 ,0D 212,500 24 25,000 A ilaa 325,000 ws. 250,000 co08 to 262,500 %24
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