Exam BA3 Topic 2 Question 362 Discussion

Actual exam question for CIMA's BA3 exam
Question #: 362
Topic #: 2
At 1 January 20X8 JKL has share capital of $500,000 and share premium $270,000. The nominal value of each equity share is 50 cents On 31 July 20X8 JKL made a 1 for 4 bonus issue.
What is the balance on share premium following the bonus issue of shares? Give your answer to the nearest $'000

Suggested Answer:

$270,000

by jeanettdayimani at Dec 24, 2025, 08:52 PM

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jeanettdayimani
2025-12-24 20:52:50
Kindly show your working calculations
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