1 what is the purpose of the reconciliation of movements in


1. What is the purpose of the reconciliation of movements in equity?

2. How do the directors report their recommended dividend for the financial period, to be agreed at the shareholders' meeting?

3. What is meant by:

(a) offer for sale;

(b) capitalisation issue; and

(c) rights issue?

Explain the effect of each of the above on the statement of financial position (balance sheet) of a company.

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Accounting Basics: 1 what is the purpose of the reconciliation of movements in
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