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13. How much is the paid in share capital? a. P 5M. b. P6.2M. c. P6.54M. Item Nos 14 and 15 are based on the following informatic d. P 20M.

13. How much is the paid in share capital? a. P 5M. b. P6.2M. c. P6.54M. Item Nos 14 and 15 are based on the following informatic d. P 20M.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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13. How much is the paid in share capital? b. P6.2M. a. P 5M. srigla c. P6.54M. 62 d. P 20M.Wollot Item Nos. 14 and 15 are based on the following information: 00,000 The shareholders' equity section of Charlie Company's balance sheet 5 000 0.00 revealed the following information:
Transcribed Image Text:13. How much is the paid in share capital? b. P6.2M. a. P 5M. srigla c. P6.54M. 62 d. P 20M.Wollot Item Nos. 14 and 15 are based on the following information: 00,000 The shareholders' equity section of Charlie Company's balance sheet 5 000 0.00 revealed the following information:
Item Nos. 12 and 13 are based on the following information:ddet01oM mat Bravo Company was organized at the beginning of this year with dones authorized capital of 100,000 ordinary shares with a par value of P 200 per hatini share. During the year, Bravo had the following transactions affecting the shareholders' equity: 01 Fon Jan. 10 Issued 25,000 shares at P 220 per share. .000 Mar. 25 Issued 1,000 shares for legal services when the fair value was P 240 per share. dw.or Sep. 30 Issued 5,000 shares for a tract of land when the fair value was P 260 per share.
Transcribed Image Text:Item Nos. 12 and 13 are based on the following information:ddet01oM mat Bravo Company was organized at the beginning of this year with dones authorized capital of 100,000 ordinary shares with a par value of P 200 per hatini share. During the year, Bravo had the following transactions affecting the shareholders' equity: 01 Fon Jan. 10 Issued 25,000 shares at P 220 per share. .000 Mar. 25 Issued 1,000 shares for legal services when the fair value was P 240 per share. dw.or Sep. 30 Issued 5,000 shares for a tract of land when the fair value was P 260 per share.
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