The accounts shown below pertain to P Company at December 31:

Authorized Preference Share Capital, P100 par P 800,000

Authorized Ordinary Share Capital, P10 par 400,000

Unissued Preference Share Capital 200,000

Unissued Ordinary Share Capital 150,000

Subscription Receivable, Preference 60,000

Subscription Receivable, Ordinary 50,000

Subscribed Preference Shares Capital 40,000

Subscribed Ordinary Shares Capital 50,000

Treasury Shares, Preference (1,000 shares at cost) 120,000

Paid in Capital (in excess of par - ordinary) 160,000

Assume that subscription receivables are collectible within one year.

a. How much is the issued preference share capital?

b. How much is the issued ordinary share capital?

c. How many preference shares are available for subscription?

d. How many ordinary shares are available for subscription?

e. How much is the balance of the Shareholders Equity as of December 31?

f. How much is the issued common stock?

with solutions. Thank u