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Question 47 42 Berry Corporation has 50,000 shares of P10 par ordinary shares authorized. The following train took place during 2010, the first year

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Question 47 42 Berry Corporation has 50,000 shares of P10 par ordinary shares authorized. The following train took place during 2010, the first year of the corporation's existence Sok 8,000 ordinary shares for P10 per share boued 5.000 ordinary shares in exchange for a patent valued at P100,000. At the end of the Berry's first year, share capital issued, premium on ordinary shares and total contributed capital amounted to Choice Share Capital Premium T.Contributed Capital 40,000 40,000 50,000 40,000 90,000 90,000 50,000 140,000 d 100,000 90,000 190,000

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