Question
SUNSHINE CORP issued 50,000 shares of P100 stated value in exchange for land and building with total fair value of P12M. The fair value of
SUNSHINE CORP issued 50,000 shares of P100 stated value in exchange for land and building with total fair value of P12M. The fair value of land amounted to 8M How much is the amount to be allocated to the Land? 1. How much is the amount to be allocated to the Land?
2. How much is the amount to be allocated to the Building?
3. How much is the share premium as a result of this transaction?
4. How much is the amount to be credited to Share Capital account?
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AWS Security Cookbook Practical Solutions For Managing Security Policies Monitoring Auditing And Compliance With AWS
Authors: Heartin Kanikathottu
1st Edition
1838826254, 978-1838826253
