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Make a FINANCIAL STATEMENT in this Trial Balance. ABC Corporation Trial Balance Code Accounts Title Dedit Credit 110 Cash 1,502,500.00 111 Subscription Recievable 0.00 310
Make a FINANCIAL STATEMENT in this Trial Balance.
ABC Corporation Trial Balance Code Accounts Title Dedit Credit 110 Cash 1,502,500.00 111 Subscription Recievable 0.00 310 Ordinary Share Capital 1,350,000.00 311 Subscribed Share Capital 0.00 312.1 Premium on Share Capital-Ordinary 127,500.00 312.2 Premium on Share Capital-Treasury 25,000.00 1,502,500.00 1,502,500.00 Cash 110 05/28 200,000.00 150,000.00 06/01 05/29 55,000.00 05/30 78,750.00 05/31 330,000.00 06/01 200,000.00 06/03 78,750.00 06/05 175,000.00 06/05 55,000.00 07/17 330,000.00 07/20 150,000.00 1,652,500.00 150,000.00 -150,000.00 ,502,500.00 Subscription Recievable 111 05/30 157,500.00 78,750.00 05 78,750.00 06/03 157,500.00 157,500.00 -157,500.00 0.00 Ordinary Share Capital 310 200,000.00 05/28 50,000.00 05/29 300,000.00 05/31 200,000.00 06/01 150,000.00 06/03 50,000.00 06/06 300,000.00 07/17 100,000.00 07/20 1,350,000.00 1,350,000.00Subscribe Share Capital 311 06/03 150000 150,000.00 05/30 150,000.00 150,000.00 -150,000.00 0.00 Premium on Share Cap 312.1 5,000.00 05/29 7,500.00 05/30 30,000.00 05/31 5,000.00 06/06 30,000.00 07/17 50,000.00 07/20 127,500.00 0.00 127,500.00 Premium on Share Capital 312.2 25,000.00 06/05 25,000.00 0.00 25,000.00Step by Step Solution
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