SUBJECT : Accounting $-$ Corporation

Prepare the stockholders equity by using the $2$ methods of presenting Treasury Stocks

The following accounts are found in the stockholders' equity of Omega Corporation: Preferred stock, 6% cumulative and participating, par value P150, authorized 12,000 shares of which 9,000 shares are issued and outstanding Common stock, par value shares authorized and issued 3,000 shares Subscribed Preferred Stock, 2,000 shares Subscribed Common Stock, 1,500 shares Subscription Receivable - Preferred Subscription Receivable - Common Premium on Preferred stock Premium on Common stock Treasury stocks - Preferred 1,000 shares at cost Treasury stocks - Common 500 shares at cost Instructions: Prepare the Stockholders' Equity by using the 2 methods of presenting Treasury Stocks 360,000.00 300,000.00 180,000.00 200,000.00 112,000.00 50,000.00 7,500.00 100,000.00 50,000.00