31, 2020? Problem 2:VON Corporation has 60,000 shares outstanding. These shares have a fair value of P15 and a par value of P10 per share. The corporation declared stock dividends during the year. The capital structure of the company immediately before the stock issuance are as follows: Common shares, P10 par P600,000 Share premium 100,000 Retained earnings 1,000,000 a. Required: 1. Assuming a 10% bonus issue: Provide the journal entry on the date of declaration. b. Compute the retained earnings immediately after declaration. c. Compute the share premium immediately after declaration. 2. Assuming a 20% bonus issue: Provide the journal entry on the date of declaration b. Compute the retained earnings immediately after declaration. C. Compute the share premium immediately after declaration. a. 10.000 shares of its