The table below shows the amounts of investment made by Karen and her friends in a new business venture. They decided to split the business into 2 500 shares. Member Investment Shares Ownership Karen P20 000 196 Linda P10 000 3.92% Manny P30 000 11.76% Ogor P120 000 1177 Pippa P75 000 735 Total 2 500 100%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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1. The table below shows the amounts of investment made by Karen and her friends
in a new business venture. They decided to split the business into 2 500 shares.
Member Investment
Shares
Ownership
Karen
P20 000
196
Linda
P10 000
3.92%
Manny
P30 000
11.76%
Ogor
P120 000
1 177
Pippa
P75 000
735
Total
2 500
100%
Transcribed Image Text:1. The table below shows the amounts of investment made by Karen and her friends in a new business venture. They decided to split the business into 2 500 shares. Member Investment Shares Ownership Karen P20 000 196 Linda P10 000 3.92% Manny P30 000 11.76% Ogor P120 000 1 177 Pippa P75 000 735 Total 2 500 100%
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