59-62 Questions are based on the following information: SUUNIC Corp. reacquires the 10,000 of its own shares for P40. The shares have par value of P20 and were originally issued at P25 per share. Subsequently, SUUNIC reissues half of the reacquired shares at P58 per share and then retires the other half. As a result of the transaction How much is to be debited to Share Premium - TS as a result of reissuance of TS? Answer pattern: 100,000 SUUNIC Corp. reacquires the 10,000 of its own shares for P40. The shares have par value of P20 and were originally issued at P25 per share. Subsequently, SUUNIC reissues half of the reacquired shares at P58 per share and then retires the other half. As a result of the transaction As a result of TS retirement, How much is to be debited to Retained Earnings? Answer pattern: 100,000 SUUNIC Corp. reacquires the 10,000 of its own shares for P40. The shares have par value of PZ and were originally issued at P25 per share. Subsequently, SUUNIC reissues half of the reacquir shares at P58 per share and then retires the other half. As a result of the transaction As a result of TS retirement, How much is to be debited to Share Capital? Answer pattern: 100,000 SUUNIC Corp. reacquires the 10,000 of its own shares for P40. The shares have par value of P20 and were originally issued at P25 per share. Subsequently, SUUNIC reissues half of the reacquired shares at P58 per share and then retires the other half. As a result of the transaction As a result of TS retirement, How much is to be debited to Share Premium? Answer pattern: 100.000