# Accounting Paper 1, November 2024, question 3.5.1

> Thandi Mokoena owned 840 000 of the 2 000 000 shares that Zulu Traders Ltd had... Marked mark by mark. Q3.5.1, Accounting Paper 1 November 2024, 3 marks.

Canonical: https://sharpkop.co.za/accounting/2024-nov-p1/q3-5-1/
Last updated: 2026-11-12

Subject: Accounting. Source: Based on Nov 2024 · Paper 1 · Q3.5.1. Marks: 3. Not yet checked by a teacher.

## Question 3.5.1 (3 marks)

Thandi Mokoena owned 840 000 of the 2 000 000 shares that Zulu Traders Ltd had in issue on 1 April 2024. On 30 September 2024 the company offered every shareholder 3 new shares for every 20 shares already held, at a reduced price. Thandi took up her full right. Calculate how many shares Thandi bought through this rights issue.

## Practise it

[Answer this question](https://sharpkop.co.za/accounting/2024-nov-p1/q3-5-1/) and see it marked mark by mark, with the reason for every lost mark.

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