BIL.

DETAILS DR (RM) CR (RM)

1 Bank 225000
Preferences Share Capital 225000
(RM1.50 x 150,000 unit)

2
2.1 Bank 1,825,000
Application Ordinary Share 1,825,000
(250,000 unit + 500,000 unit x RM2.50)

2.2 Application Ordinary Share Capital 625,000

Ordinary Share Capital 625,000
(250,000 unit x RM2.50)

2.3 Returned :
App-Ordinary Share Capital 1,250,000
Bank Account 1,250,000
(500,000 unit x RM2.50)

2.4 Payment For Share Issue Expense :

Share Issue Expense Account 750,000
Bank Account 750,000

Retained Profit 750,000

Share Issue Expense Account 750,000

3
3.1 Retained Profit 1,500,000
Bonus Issue 1,500,000
(10,000,000/10 x RM1.50)

3.2 Bonus Issue 1,500,000

Ordinary Share Capital 1,500,000

4
4.1 Ordinary Share Capital Account 1,250,000
Purchase Own Capital 1,250,000
(500,000 unit x RM2.50)

4.2 Purchase Own Share Account 1,250,000

Bank Account 1,250,000

4.3 Treasury Share :

Treasury Share Account 1,250,000
Bank 1,250,000
5 Bank Account 225,000
Ordinary Share Capital 225,000
(100,000 unit x RM2.25)
 RM
Non-current assets 32,500,000

Current assets (Including Bank) 30,525,000

50,000
63,075,000

Equity and Liability

Ordinary Share 21,100,000
Preference Share 2,725,000
39,250,000
Reserves
Retained Profits 14,750,000 22,425,000
General reserves 3,000,000

Non-current liabilities
8% Bank Loan 25,000,000

Current Laibilities 3,500,000

85,500,000