PROBLEM $31$:

UZBEKISTAN COMPANY reported the following amounts in the shareholders' equity section of its December $31,2011,$ statement of financial position:

Preference shares, $10\%,$ P $10$ par $(100,000$ shares authorized, Ordinary

The following transactions occurred during $2012$:

a$.$ Paid the annual $P_1$ per share dividend on preference shares and P$0\mathrm{.}50$ per share dividend on ordinary shares. These dividends had been declared on December $31,2011.$

b$.$ Purchased $2,000$ shares of its own outstanding ordinary shares for P$20$ per share.

c$.$ Reissued $700$ treasury shares for equipment valued at P$25,000$

d$.$ Issued $5,000$ preference shares at P$15$ per share

e$.$ Declared a $10\%$ share dividend on the outstanding ordinary shares when the shares were selling for P$12$ per share.

f$.$ Issued the share dividend

g$.$ Declared the annual $2012$ P$1$ per share dividend on preference shares and the P$0\mathrm{.}50$ per share dividend on ordinary shares. These dividends are payable in $2013.$

h$.$ Appropriated retained earnings for plant expansion, P$300,000.$

i$.$ Appropriated retained earnings for treasury shares.

The net income for $2012$ was P$470,000.$

Based on the above date, determine the correct December $31,2012,$ balances of each of the following accounts: $1.$ Preference shares

A$.P250,000$

C$.P275,000$

B$.P200,000$

D$.P1,000,000$

$2.$ Ordinary shares

A$.P54,000$

C$.P53,500$

B$.P54,350$

D$.P50,000$

$3.$ Share premium

A$.P137,600$

C$.P132,000$

B$.P127,090$

D$.P138,090$

$4.$ Treasury shares

A$.P26,000$

C$.P15,000$

B$.P40,000$

D$.P14,000$

$5.$ Unappropriated retained earnings

A$.P714,775$

C$.P703,775$

B$.P709,775$

D$.P729,775$