ABC Corporation provided you the following information on January 01, 2021: Share capital, P10 par                                                       P4,000,000 Share premium                                                                        800,000 Retained earnings                                                                3,500,000 Share transactions for the year 2021: Feb 10 – Declared 10% share dividend. Market value of each share – P20 March 10 – Issued and distributed share dividends declared on February 10 June 15 - Declared 20% share dividend. Market value of each share – P25 July 01 - Issued and distributed share dividends declared on June 15 December 03 – Declared cash dividend of P2 per share Journal entry on March 10 would include credit to: a. Retained Earnings – 400,000 b. Share premium – 400,000 c. Share capital – 800,000 d. Share dividend payable – 800,000

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A: Answer:-  Formula:-  BEPS = (Net income - Preferred dividends) / Weighted average of common shares…

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A: Preference shares-Cumulative  These are the shareholders  having  right to receive dividends  if…

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Q: Compute for the book value per share on preference and ordinary share under each of the following…

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Q: ABC has the following share capital outstanding during 2021 and 2022: Preference shares P100 par,…

A: EPS = (net income - preferred dividends)/no. of ordinary shares outstanding

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A: Solution:The book value per preference share :First we calculate cumulative dividend arrears…

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A: Total shareholders' equity is the amount of funds of the shareholders outstanding in the statement…

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Q: An entity provided the following information at year-end: Preference share capital, at par 2,000,000…

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A: Ordinary shares refers to those shares which are available on the public exchange for the sale. It…

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Q: XYZ Corporation reported the following shareholders equity on December 11, 2021 8% cumulative…

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Q: Journalize the declaration of a 14% stock dividend on December 10,2022 for the following independent…

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Q: The H2 Corp has the following classes of share capital outstanding as of Dec 31, 2021. Ordinary…

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Q: tong Problem 1:Jordan Company has the following amounts in the Equity section as of January 1, 200…

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Q: On December 31, 2021, what is the book value per ordinary

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Q: December 31, 20 Required:

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.