Company equity transactions: share issues, issue costs, bonus issues, dividends, retained earnings

What this note covers

1. Recording a share issue payable in full on application
2. Share issue costs and preliminary expenses
3. Bonus share issues
4. Interim and final dividends: declared and paid
5. The retained earnings ledger account
6. Bringing the transactions together in one continuous example
7. How this topic is examined and what separates a top response

7 sections · 12 key terms & formulas · 6 common mistakes