Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

D Question 33 CFAS Company provided the following information at year-end: Preference share capital, P100 par P3.000.000 Share premium preference share 500,000 on Ordinary share

D Question 33 CFAS Company provided the following information at year-end: Preference share capital, P100 par P3.000.000 Share premium preference share 500,000 on Ordinary share capital, P10 par 7.000.000 Share premium ordinary share i 2,000,000 Subscribed ordinary share capital 4.000.000 Retained earnings 2.500,000 Ook Subscription receivable ordinary share 1.000.000 ms What is the amount of legal capital? 2 pts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions