What are the balances on the share capital

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Question - At 1 January 2020 JPE Ltd had issued share capital of 100,000 ordinary shares of £1 which had been issued for £1.60 each. On 1 May 2020 they made a 1 for 5 rights issue capitalising the share premium account. What are the balances on the share capital and share premium accounts at 31 December 2020?

Reference no: EM133153409

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