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AA Company reported the following equity accounts: Preference share capital, par valueP15 2,550,000 Share premium, preference share150,000 Ordinary share capital, no par, P50 stated value3,000,000
AA Company reported the following equity accounts:
Preference share capital, par valueP15 2,550,000
Share premium, preference share150,000
Ordinary share capital, no par, P50 stated value3,000,000
What is number of issued and outstanding shares for each class?
OrdinaryPreferenceOrdinaryPreference
a.60,000170,000c.63,000170,000
b.60,000180,000d.63,000180,000
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