12. The following data are extracted from the shareholders' equity section of th. statement of financial position of Dela Cruz Corporation: 12/31/2018 12/31/2019 Ordinary Shares, P2 par value P1,000,000 500,000 1,000,000 P1,020,000 580,000 1,046,000 Share Premium Retained Earnings During 2019, the corporation declared and paid cash dividends of P150,000 and also declared and issued a share dividend. There were no other changes in shares issued and outstanding during 2019. Profit for 2019 was P 46,000. b. P196,000. C. P216,000. d. P296,000. a.
12. The following data are extracted from the shareholders' equity section of th. statement of financial position of Dela Cruz Corporation: 12/31/2018 12/31/2019 Ordinary Shares, P2 par value P1,000,000 500,000 1,000,000 P1,020,000 580,000 1,046,000 Share Premium Retained Earnings During 2019, the corporation declared and paid cash dividends of P150,000 and also declared and issued a share dividend. There were no other changes in shares issued and outstanding during 2019. Profit for 2019 was P 46,000. b. P196,000. C. P216,000. d. P296,000. a.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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