Use the data below to calculate MNB Ltd's share issue made in 2014.
Equity balance (01/07/2014)- $690,000
Equity balance (30/06/2015)- $1,070,000
Retained Earnings (30/06/2015)- $230,000
There were no dividends declared in the current year and no other reserve accounts.
A) $610,000
B) $150,000
C) $460,000
D) $380,000

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The Answer of Use the data below to calculate MNB Ltd's share issue made in 2014.
Equity balance (01/07/2014)- $690,000
Equity balance (30/06/2015)- $1,070,000
Retained Earnings (30/06/2015)- $230,000
There were no dividends declared in the current year and no other reserve accounts.
A) $610,000
B) $150,000
C) $460,000
D) $380,000

Use the Data Below to Calculate MNB Ltd's Share Issue