Answered step by step
Verified Expert Solution
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started