13) The following accounts appear in the trial balance of DAVAO EAGLE Corporation as of December 31, 2019(see attached image, kindly answer it based on your knowledge, thank you!)Direction: For each class of stock, compute for the authorized number of shares, issued shares, unissued shares, issued and outstanding shares, subscribed shares, still available for subscription, and legal capital. 13. The following accounts appear in the trial balance of DAVAO EAGLE Corporation as ofDecember 31, 2019:Redeemable Preference Share Capital, par P100, authorized 50,000 P1,700,000sharesSubscribed Preference Share CapitalSubscription Receivable, Preference SharesAuthorized Ordinary Share Capital, P100 stated valueUnissued Ordinary Share CapitalOrdinary Share PremiumPreference Share Premium200,000150,0001,000,000500,00055,000300,00060,000Treasury Shares (500 ordinary shares)Direction:Subued shares, issued and outstanding shares, subscribed shares, still available forsubscription, legal capital.Uni cach class of stock, compute for the authorized number of shares, issued shares,loge during 2020:

For preference share capital- Authorized number of shares 50000 shares subscribed shares 2000…

Answered: 13. The following accqunts appear in…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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13) The following accounts appear in the trial balance of DAVAO EAGLE Corporation as of December 31, 2019

(see attached image, kindly answer it based on your knowledge, thank you!)

Direction: For each class of stock, compute for the authorized number of shares, issued shares, unissued shares, issued and outstanding shares, subscribed shares, still available for subscription, and legal capital.

13. The following accounts appear in the trial balance of DAVAO EAGLE Corporation as of
December 31, 2019:
Redeemable Preference Share Capital, par P100, authorized 50,000 P1,700,000
shares
Subscribed Preference Share Capital
Subscription Receivable, Preference Shares
Authorized Ordinary Share Capital, P100 stated value
Unissued Ordinary Share Capital
Ordinary Share Premium
Preference Share Premium
200,000
150,000
1,000,000
500,000
55,000
300,000
60,000
Treasury Shares (500 ordinary shares)
Direction:
Subued shares, issued and outstanding shares, subscribed shares, still available for
subscription, legal capital.
Uni cach class of stock, compute for the authorized number of shares, issued shares,
loge during 2020:

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