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  • P 16-1

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    Arista Yuliana Sari
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    1. The document records several share transactions including the issuance of share rights, warrants, and options. 2. Entry numbers 3, 4, and 6 show cash being received in exchange for shares issued upon the exercise of rights, warrants, and options. 3. A summary at the end calculates that a total of 320,100 shares have been issued, comprising the initial 300,000 shares plus additional shares from rights, warrants, and options exercises. Total equity is calculated to be €5,078,000.

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    1. The document records several share transactions including the issuance of share rights, warrants, and options. 2. Entry numbers 3, 4, and 6 show cash being received in exchange for shares issued upon the exercise of rights, warrants, and options. 3. A summary at the end calculates that a total of 320,100 shares have been issued, comprising the initial 300,000 shares plus additional shares from rights, warrants, and options exercises. Total equity is calculated to be €5,078,000.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    21 views2 pages

    P 16-1

    Uploaded by

    Arista Yuliana Sari
    1. The document records several share transactions including the issuance of share rights, warrants, and options. 2. Entry numbers 3, 4, and 6 show cash being received in exchange for shares issued upon the exercise of rights, warrants, and options. 3. A summary at the end calculates that a total of 320,100 shares have been issued, comprising the initial 300,000 shares plus additional shares from rights, warrants, and options exercises. Total equity is calculated to be €5,078,000.

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    © All Rights Reserved
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    of 2

    P.

    16-1

    A. 1. Memorandum entry made to indicate the number of rights issued.

    2. Cash..................................................................... 208,000

    Bonds Payable ........................................................ 192,000

    Share Premium—Share Warrants ............................ 16,000

    3. Cash................................................................... 304,000

    Share Capital—Ordinary (9,500 X 10)....................... 95,000

    Share Premium—Ordinary...................................... 209,000

    Cash => [(100,000 – 5,000) rights exercised] ÷ [(10 rights/share) X €32 = €304,000

    4. Share Premium—Share Warrants (€16,000 X 80%) .................... 12,800

    Cash…........................................................................................... 48,000

    Share Capital—Ordinary (1,600 X €10)......................................... 16,000

    Share Premium—Ordinary............................................................ 44,800

    Cash => 0,80 X €200,000/€100 per bond = 1,600

    => warrants exercised; 1,600 X €30 = €48,000

    5. Compensation Expense(10 X 10,000).................................... 100,000

    Share Premium—Share Options ............................................... 100,000

    6. For options exercised :

    Cash (9,000 X €30)..................................................................... 270,000

    Share Premium—Share Options (90% X €100,000) .................... 90,000

    Share Capital—Ordinary (9,000 X €10)............................................ 90,000

    Share Premium—Ordinary............................................................. 270,000

    For options lapsed:

    Share Premium—Share Options....................... 10,000

    Compensation Expense............................. 10,000


    B.

    Share Capital Share Premium


    At beginning of year 300,000 shares 600,000

    From share rights (entry #3) 9,500 shares 209,000


    From share warrants (entry #4) 1,600 shares 44,800

    From share options (entry #6) 9,000 shares 270,000


    Total 320,100 shares 1,123,800

    Equity:

    Share Capital—Ordinary €10 par value, authorized 1,000,000 shares,

    320,100 shares issued and outstanding........................................3,201,000

    Share Premium—Ordinary .......................................................... 1,123,800

    Share Premium—Share Warrants....................................................... 3,200

    €4,328,000

    Retained Earnings................................................................................... 750,000

    Total Equity........................................................................................ €5,078,000

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