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Plagiarism!!
FCA1601
ASSIGNMENT 02
YEAR: 2026
, QUESTION 1
STATEMENT OF CHANGES IN EQUITY
Ordinary Shares
Issued at incorporation:
250 000 × R2.60 = R650 000
New issue (not recorded):
30 000 × R2.80 = R84 000
Split:
Share capital (par): 30 000 × 2.60 = R78 000
Share premium: 30 000 × (2.80 – 2.60) = R6 000
Updated Ordinary Share Capital = 650 000 + 78 000 = R728 000
Preference Shares
Issued at incorporation:
100 000 × R3 = R300 000
Plagiarism!!
FCA1601
ASSIGNMENT 02
YEAR: 2026
, QUESTION 1
STATEMENT OF CHANGES IN EQUITY
Ordinary Shares
Issued at incorporation:
250 000 × R2.60 = R650 000
New issue (not recorded):
30 000 × R2.80 = R84 000
Split:
Share capital (par): 30 000 × 2.60 = R78 000
Share premium: 30 000 × (2.80 – 2.60) = R6 000
Updated Ordinary Share Capital = 650 000 + 78 000 = R728 000
Preference Shares
Issued at incorporation:
100 000 × R3 = R300 000