At 31 December 20X4 a company’s capital structure was as follows: $Ordinary share capital 125,000(500,000 shares of 25c each)Share premium account 100,000In the year ended 31 December 20X5 the company made a rights issue of 1 share for every 2 held at $1 per shareand this was taken up in full. Later in the year the company made a bonus issue of 1 share for every 5 held, usingthe share premium account for the purpose.What was the company’s capital structure at 31 December 20X5?
A.
Ordinary share capital Share premium account $450,000 $25,000
B.
Ordinary share capital Share premium account $225,000 $250,000
C.
Ordinary share capital Share premium account $225,000 $325,000
D.
Ordinary share capital Share premium account $212,500 $262,500