The accounts below appear in the December 31, 2020 trial balance of Moon Company: Authorized share capital P5,000.000 Unissued share capital 2,000,000 Subscribed share capital 1,000,000 Subscription receivable 400,000 Share premium 500,000 Retained Earnings unappropriated 600,000 Retained Earnings appropriated 300,000 Revaluation surplus 200,000 Treasury shares at cost 100.000 In its December 31, 2020 statement of financial position, Moon should report total shareholders' equity at?
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- The accounts below appear in the December 31, 2020 trial balance of Luna Company: Authorized share capital, P30,000,000 Unissued share capital, P5,000,000 Subscribed share capital, P3,000,000 Subscription receivable, P1,000,000 Share premium, P10,000,000 Retained earnings unappropriated, P6,000,000 Retained earnings appropriated, P2,000,000 Revaluation surplus, P4,500,000 Treasury shares, at cost, P1,500,000 In its December 31, 2020 statement of financial position, Luna should report total equity atHHH Company provided for the following shareholders’ equity on December 31, 2020: Share capital, P100 5,000,000 Share premium 1,000,000 Retained earnings unappropriated 1,500,000 Retained earnings appropriated for contingencies 500,000 Revaluation surplus 800,000 8,800,000 Compute for the book value per share on December 31, 2020Pat Company reported the following information on December 31, 2020. Determine the legal capital: * P230 000 80 500 525.000 275,000 5.000 Preference Share, P100 par Share Premium - Preference Ordinary Share, P15 par Share Premium- Ordinary Subscribed Ordinary Share Retained Earnings Notes Payable Subscription receivable- Ordinary 190,000 400,000 40,000 Your answer This is a required question
- The accounts below appear in the December 31, 2020 trial balance of A Company: Authorized share capital, P30,000,000 Unissued share capital, P5,000,000 Subscribed share capital, P3,000,000 Subscription receivable, P1,000,000 Share premium, P10,000,000 Retained earnings unappropriated, P6,000,000 Retained earnings appropriated, P2,000,000 Revaluation surplus, P4,500,000 Treasury shares, at cost, P1,500,000 In its December 31, 2020 statement of financial position, A should report total equity at39.The accounts below appear in the December 31, 2020 trial balance of Spartans Corporation: Authorized Share Capital P 5,000,000Unissued Share Capital 2,000,000Subscribed Share Capital 1,000,000Subscription Receivable-due 2018 400,000Property Dividends Payable 800,000Share Premium 500,000Retained Earnings-unappropriated 600,000Retained Earnings-appropriated 300,000Treasury Shares-at cost 100,000 In its December 31, 2020 Statement of Financial Position, what is the amount of Spartans Contributed Capital?The equity section of BEBEGIRL Company revealed the following information on December 31, 2021: Preference share capital, P100 par P5,000,000 Share premium-preference shares Ordinary share capital, P50 Share premium-ordinary shares Subscribed ordinary share capital Retained earnings-appropriated Unrealized loss on financial assets at FVTOCI 2,000,000 3,200,000 500,000 800,000 250,000 600,000 400,000 3,500,000 1,000,000 Subscription receivable-ordinary shares Retained earnings- unappropriated Treasury shares-ordinary How much is the contributed capital of BEBEGIRL Company as of December 31, 2021?
- 40.The accounts below appear in the December 31, 2020 trial balance of Spartans Corporation: Authorized Share Capital P 5,000,000Unissued Share Capital 2,000,000Subscribed Share Capital 1,000,000Subscription Receivable-due 2018 400,000Property Dividends Payable 800,000Share Premium 500,000Retained Earnings-unappropriated 600,000Retained Earnings-appropriated 300,000Treasury Shares-at cost 100,000 In its December 31, 2020 Statement of Financial Position, what is the amount of Spartans total Shareholders’ Equity.The accounts below appear in the December 31, 2022 trial balance of BFAR Corporation: Ordinary Share Capital Subscribed Ordinary Share Capital Subscription Receivable Share Premium Accumulated Profits - Unappropriated Accumulated Profits - Appropriated Treasury Shares, at cost Compute the Total Shareholders' Equity. 3,000,000 1,000,000 400,000 500,000 600,000 300,000 400,000Bay Holdings Limited: 30 June 2021.Required: Statement of financial position as at: 30 June 2021InformationBALANCE SHEET ACCOUNTSOrdinary share capital 2 648 000Retained income (1 Jul 2020) 490 000Shareholders for dividends 280 000Fixed deposit 60 000Mortgage bond 336 000Fixed/tangible assets (Carrying value) 4 021 000Debtors control 45 000Creditors control 85 200Creditors for salaries 12 300Provision for bad debts ?SARS (Income tax) 400 000SARS (PAYE) 6 650Expenses payable (accrued) 7 200Income receivable (accrued) 7 950Bank 28 450Trading stock/inventory 129 600Consumable stores 5 600 Additional information1.The net profit after tax for the year amounted to R875 0002.Provision for bad debts should be adjusted to 5 % of debtors.3.One third of total fixed assets matures on 31 August 2021.4.A portion of loan amounting to R48 000 will be paid on 31 December 2021.5.SARS (Income tax) owes the business R25 000 for tax overpayment.
- The accounts below appear in the December 31, 2019 balance of J Company: Authorized ordinary share capital P5,000,000 Unissued ordinary share capital 2,000,000 Subscribed ordinary share capital 1,000,000 Subscription Receivable 400,000 Share Premium 500,000 Retained Earnings 1,100,000 Treasury ShareCost 100,000 In its December 31, 2019 balance sheet, J company should record a total shareholder’s equity of a.P5,500,000 b.P4,900,000 c.P4,800,000 d.P5,100,000MCG Company's adjusted trial balance at December 31, 2021, includes the following: Ordinary share capital, P5 par P360,000 Share premium 480,000 Treasury shares, at cost 30,000 Cumulative net unrealized loss on equity securities at fair value through other comprehensive income 12,000 Retained appropriated for contingencies 90,000 Unappropriated retained earnings 120,000 What amount should MCG report as total shareholders' equity in its Deember 31, 2021 statement of financial position? (A) P1,068,000 B P1,008,000 (c) P1,032,000 D) P1,092,000Evergreen Company provided the following shareholders’ equity on December 31, 2020: Share capital, P100 5,000,000 Share premium 1,000,000 Retained earnings unappropriated 1,500,000 Retained earnings appropriated 500,000 Revaluation surplus 800,000 8,800,000 Required: Compute the book value per share on December 31, 2020.