PLEASE SOMEBODY HELP ME PLEASE I PROMISE TO HIT THE LIKE BOTTON

Use the following information to answer the next 3 questions (56-58). BALANAR Co has the following information relating to its shareholders equity as of January 1, 2014 Share capital 200.000 authorized. P50 par value, 150.000 shares issued. 10.000 held in treasury P7.500.000 Share premium - ordinary 600,000 Retained earning 2.000.000 Treasury sures, at cost 550.000 The following events transpired in 2014 In connection with March 31, 2014 transaction of BALANAR Co., which of the following statements is correct? . on March 31, 2014, BALANAR reissund 2.000 of its treasury sales for P5% per share . On June 1, 2014, BALANAR reed 2.500 of its tresury shares for P50 each . On December 1, 2014, BALANAR retired 1,000 ordinary shares for Pay per share Share premium - treasury will be credited by P8,000. Share premium - ordinary account will be credited by P8,000. Share premium - treasury account will increase by P18,000 Retained earnings will be credited by P12.200 BALANAR Colors the following information relating to its shareholders equiy as of January 1, 2014 Share capital 200 000 authorized. PSD par value, 150.000 shares issued 10.000 held in treasury P2,500,000 She premium ordinary 600.000 Retained earnings 2.000.000 Treauty shares at cost 550.000 The following events trained in 2014 In connection with March 31, 2014 transaction of BALANAR CO, which of the following statements is correct! On March 31, 2014, BALANAR elued 2.000 ot its treasury are for Perth On June 1, 2014 BALANAR rewed 2.500 of its retury shoes for Peach On December 1, 2014 BALAMAR ved 1.000 ordinary thares for ypervere In relation with June 1, 2014 transaction, what is the journal entry of BALANAR Co to record the transaction? O DR-Cash 125,000 DR-Share premium - treasury P8,000 DR-Retained earning P 4.500, CR- Treasury shares P137,500 O DR-Cash 125,000, CR- Treasury shares P125.000 Dr-Cash 125.000 DR-Retained Earnings P12,500; CR Treasury shares P137.500 O DR - Treasury shares P137,500, CR Cash P125,000 CR Share premium.TS P8,000 CR- Retained Earnings P4,500