Question
On January 5, 20x1, Aloncho Corp. issued the following shares: - Preference share, P100 par value, 10,000 shares issued for P110. - Ordinary share, P50
On January 5, 20x1, Aloncho Corp. issued the following shares:
- Preference share, P100 par value, 10,000 shares issued for P110.
- Ordinary share, P50 stated value, 20,000 shares issued for P60.
How much is Preference share that will appear in the Shareholders Equity Section of the Company?
(Write your answer with comma and no decimal Ex: 2,000,000)
How much is Ordinary share that will appear in the Shareholders Equity Section of the Company?
(Write your answer with comma and no decimal Ex: 2,000,000)
How much is share premium that will appear in the Shareholders Equity Section of the Company?
(Write your answer with comma and no decimal Ex: 2,000,000)
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
