(Answered) Financial accountingwith the issue of capitalization shares

Accounting

Financial Accounting

With the issue of capitalization shares, the given information indicates ordinary and preference shares. For the question, additional info is that the issue of capitalization shares are at a ratio of 3 ordinary shares for every 10 ordinary shares. Would I exclude preference shares that was provided in the given section at the beginning of the question when computing the answer, as the capitalization statement only makes reference to ordinary shares?

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