Accounting Corporation

Problem #7 The accounts below appeared in the Dec. 31, 2020 trial balance of the Ceradoy Corporation: Ordinary Shares, P15 par, 20,000 shares P270,000 authorized, 18,000 shares issued Subscriptions Receivable 17,000 Subscribed Ordinary Shares 27,000 Retained Earnings 200,000 Share Premium 95,000 Treasury Stock, 1,000 shares, at cost 25,000 Required: From these accounts determine the following: 1. Total authorized ordinary shares. 2. Total unissued ordinary shares. 3. Total issued ordinary shares. 4. Ordinary shares subscribed. 5. Total shareholders' equity. 6. Number of shares issued. 7. Number of shares subscribed. 8. Number of shares in treasury. 9. Number of outstanding shares