FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The information related to a Corporation: Share Capital-Ordinary, 1 par 4,300,000. Share premium-Ordinary 550,000, Share Capital --Preference, 50 par 2.000.000, Share premium--Preference 400,000, Retained Earnings

image text in transcribed
The information related to a Corporation: Share Capital-Ordinary, 1 par 4,300,000. Share premium-Ordinary 550,000, Share Capital --Preference, 50 par 2.000.000, Share premium--Preference 400,000, Retained Earnings 1.500.000, Treasury Shares Ordinary cat cost) 150,000. How much is the total contributed capital related to the ordinary shares? (Show your Calculations). (2 Marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Blockchain Technology In Accounting And Auditing

Blockchain Technology In Accounting And Auditing

Authors: Prof Oleksandr Melnychenko

1st Edition

1976900328, 978-1976900327

More Books

Students also viewed these Accounting questions

Question

★★★★★
Some of the world's most successful companies (Fortune 500) operate multiple lines of business. Despite this fact, many of these firms rely on single AIS. From the second e-Activity, for the business...

Answered: 1 week ago

Question

★★★★★
The augmented matrix is in row-echelon form and represents a linear system. Solve the system by using backward substitution, if possible. Write the solution as either an ordered pair or an ordered...

Answered: 1 week ago

Question

★★★★★
1. Why do you think the big five personality traits do not agree exactly with Cattells five global traits?

Answered: 1 week ago

Question

★★★★★
At the corner grocery store, all sales clerks make change out of one cash register drawer. Is this a violation of internal control? Why?

Answered: 1 week ago

Question

★★★★★
Question 1 The Inventory ledger account balance was $16,000 but the physical count at the end of period was $15,900. What adjustment is required to Cost of Goods Sold? a) -$100 b) $15,900 c) $0 d)...

Answered: 1 week ago

Question

★★★★★
Anita had been working as an accountant at Bustaman & Co since 2014. On September 2018, she was approached from a representative of Cemerlang Berhad and was made known of their intention to appoint...

Answered: 1 week ago

Question

★★★★★
Tom negotiates with Marion for the purchase of three brand new cars which he had seen advertised in the local newspaper for 10,000 each. They are both local car dealers Consider the legal position of...

Answered: 1 week ago

Question

★★★★★
Link A rotates about the reference frame N with an amount q along the direction n2, while link B rotates with respect to link A about a direction with an amount -92. Link C rotates with respect to...

Answered: 1 week ago

Question

★★★★★
2/ You plan to produce a winter coat similar to the one produced by Canada Goose. You will use animal fur/goose feathers. Assume that the product will be manufactured and packaged for sale in Canada....

Answered: 1 week ago

Question

★★★★★
Accounting theories play a vital role in guiding research by providing theoretical frameworks and conceptual lenses through which researchers can analyze accounting phenomena. The agency theory, for...

Answered: 1 week ago

Question

★★★★★
Day 4 - Yoga For Your X AMA Online Education X Short Quiz 001 (page 1 x Sy 1/2 (1/2 sin (20)-1/6 sir x Q Integral Calculator | Be x * Upload Documents for X + C D...

Answered: 1 week ago

Question

★★★★★
Enterprise owners. In view of transition to private control, ownership questions will be open to debate, and will include a combination of state, banking, private and foreign interest. These owners,...

Answered: 1 week ago

Question

★★★★★
Management and employees. Motivations and behaviours, and particularly responses to changes, may be critical factors in the ways emerging HRM policies and practices take shape.

Answered: 1 week ago

Question

★★★★★
The recent Employment Equity and Skills Development Bills of 1997 are aimed at redressing racial and gender-based employment inequalities, and require companies with more than 50 staff to formulate...

Answered: 1 week ago

Previous Question Next Question