Solution-What net share capital on statement of financial

What net share capital on statement of financial position

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Problem 1: ABC Limited was incorporated on 1 July 2017. A prospectus offering 200 000 shares at $3.00 each was released and closed fully subscribed. The share issue was underwritten by a broker for $25 000 and other costs of the share issue amounted to $15 000. The net share capital on the statement of financial position is:

Select one:

a. $600 000.
b. $162 000.
c. $562 000.
d. $560 000.

Reference no: EM132812447

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What net share capital on statement of financial position

Reference no: EM132812447

Reference no: EM132812447

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