Entity A's total shareholders' equity was P900,000 before recording the following share transactions happened during the year: Received cash subscriptions for 10,000 shares with par value of P1 at P14 per share. Share issuance costs amounted to P2,000. Received subscriptions for 20,000 shares at P20 per share. Twenty- five percent down payment was collected on subscription date. Collected the remaining unpaid subscription price of 15,000 subscribed shares and issued the related share certificates. Share issuance costs amounted to P3,000. How much is the recorded subscription receivable during the year? Answer pattern: 1,000,000 Entity A's total shareholders' equity was P900,000 before recording the following share transactions happened during the year: . Received cash subscriptions for 10,000 shares with par value of P1 at P14 per share. Share issuance costs amounted to P2,000. . Received subscriptions for 20,000 shares at P20 per share. Twenty- five percent down payment was collected on subscription date. Collected the remaining unpaid subscription price of 15,000 subscribed shares and issued the related share certificates. Share issuance costs amounted to P3,000. How much is the balance of Entity A's total shareholders' equity after recording the transactions above? Answer pattern: 1,000,000 Entity A's total shareholders' equity was P900,000 before recording the following share transactions happened during the year: Received cash subscriptions for 10,000 shares with par value of P1 at P14 per share. Share issuance costs amounted to P2,000. Received subscriptions for 20,000 shares at P20 per share. Twenty- five percent down payment was collected on subscription date. Collected the remaining unpaid subscription price of 15,000 subscribed shares and issued the related share certificates. Share issuance costs amounted to P3,000. How much is the recorded subscription receivable during the year? Answer pattern: 1,000,000 Entity A's total shareholders' equity was P900,000 before recording the following share transactions happened during the year: . Received cash subscriptions for 10,000 shares with par value of P1 at P14 per share. Share issuance costs amounted to P2,000. . Received subscriptions for 20,000 shares at P20 per share. Twenty- five percent down payment was collected on subscription date. Collected the remaining unpaid subscription price of 15,000 subscribed shares and issued the related share certificates. Share issuance costs amounted to P3,000. How much is the balance of Entity A's total shareholders' equity after recording the transactions above? Answer pattern: 1,000,000
