(a)[6]
Draw up the statement of changes in equity for the year ended 31 August 2017. You do not need a total column.
(b)[2]
State two reasons why capital reserves might be used before revenue reserves to finance a bonus issue of shares for a limited company.
(c(i))[2]
State two advantages to a limited company of carrying out a rights issue.
(c(ii))[1]
State one drawback to a limited company of making a rights issue.
(d)[4]
Explain two advantages to the company of taking out a long-term bank loan to raise extra capital.