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ABC Company has two classes of share capital outstanding: 10%, P20 par preference and P1 par ordinary. During the fiscal year ended November 31, 2020,

ABC Company has two classes of share capital outstanding: 10%, P20 par preference and P1 par ordinary. During the fiscal year ended November 31, 2020, the company was active in transactions affecting the Shareholders' equity. The following summarizes these transactions:

Types of Transactions

a. Issue of Preference Share:8,000 s..;@P26

b.Issue of Ordinary Share:25,000 s..;@P65

c.Reacquisition and retirement of Preference Share: 4,000 shares @ P29

d.Purchase of treasury stock - ordinary (reported at cost): 10,000 shares@ P70

e.Share split - ordinary: 2 for 1

f.Reissuance of treasury stock - ordinary (after share split): 10,000 shares@55

Balances of the accounts in theShareholders' Equity Section of November 30, 2019, balance sheet were:

Preference Share, 60,000 sharesP1,200,000

Ordinary Share, 200,000 shares200,000

Share Premium - preference300,000

Share Premium - ordinary12,600,000

Retained earnings780,000

prepare the shareholders equity section of the statement of financial position

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