QUESTION 3 The accounts and balances that follow are from Minangkabau Bhd's records on 31 December 2021. Preferred Share, RM100 per share, 9% cumulative, 3,000 shares issued and RM300,000 outstanding Common Share, RM12 per share, 15,000 shares issued and 14,250 shares outstanding Retained Earnings Treasury share, Common (750 shares, at cost) 180,000 11,500 15,000 REQUIRED: Prepare the shareholders' equity section of Minangkabau's Statement of Financial Position as of 31 December 2021.

QUESTION 3 The accounts and balances that follow are from Minangkabau Bhd's records on 31 December 2021. Preferred Share, RM100 per share, 9% cumulative, 3,000 shares issued and RM300,000 outstanding Common Share, RM12 per share, 15,000 shares issued and 14,250 shares outstanding Retained Earnings Treasury share, Common (750 shares, at cost) 180,000 11,500 15,000 REQUIRED: Prepare the shareholders' equity section of Minangkabau's Statement of Financial Position as of 31 December 2021.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter2: Analysis Of Financial Statements

Section: Chapter Questions

Problem 4PROB

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