Modification of capital

Ben saïd · 2026-04-13T23:05:01.398Z

On the 01/01/2008, a company converted 800 bonds of 24,000 FCFA each into shares of nominal value 10,000 FCFA the conversion is carried out in the proportion of 1 bond for every 2 shares. The company; on the same day, allotted 3,000 shares to a supplier who was owed 32,000,000 FCFA. Required: i) Determine the total number of new shares issued as well as the amount of capital increase and the total amount of issue premium. ii) Record the transactions in the journal

Kawlo

Modification of capital | Kawlo