(a)[13]
Prepare the income statement for the year ended 31 December 2018. Put your workings in the space on the next page.
(b)[3]
Prepare an extract that shows only the current assets section of the statement of financial position at 31 December 2018.
(c)[5]
Prepare a statement for the directors showing the total value of equity at 31 December 2018.
(d)[5]
Advise the directors which option they ought to select. Support your answer.
(e)[4]
Explain two ways in which a bonus issue of shares differs from a rights issue of shares.