BFAR Company presented its adjusted trial balance on December 31, 2022 andincludes the following account balances:Ordinary Share CapitalOrdinary Share PremiumAccumulated Profits - Appropriated for bond retirementAccumulated Profits - UnappropriatedTreasury sharesCompute the Total Shareholders' Equity.5,000,0003,000,000500,0001,000,000100,000

STATEMENT OF SHAREHOLDERS EQUITY Statement of Shareholders Equity is also Known as Changes in…

Answered: BFAR Company presented its adjusted…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 18P

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The trial balance and additional information given below were extracted from the accounting records of Dysan Limited on 29 February 2020, the end of the financial year. REQUIRED Prepare the Statement of Financial Position as at 29 February 2020. The notes to the financial statements are not required. Show workings in brackets. INFORMATION DYSAN LIMITED PRE-ADJUSTMENT TRIAL BALANCE AS AT 29 FEBRUARY 2020 Debit (R) Credit (R) Balance sheet accounts section Ordinary share capital (100 000 shares) 200 000 Retained earnings 62 000 Vehicles at cost 180 000 Equipment at cost 120 000 Accumulated depreciation on vehicles 90 000 Accumulated depreciation on equipment 38 000 Trading inventory 70 000 Debtors control 32 000 Provision for bad debts 4 000 Bank 182 000 Cash float 2 000 Creditors control 40 000 South African Revenue…
Way Company's adjusted trial balance at December 31, 2021 includes the following: Ordinary Share Capital, P5 par P360,000 Share Premium - Ordinary 480,000 Treasury Shares, at cost 30,000 Share Premium - Preference 12,000 Retained Earnings 90,000 Preference Share Capital, P10 par 120,000 What amount should Way report as total shareholders' equity in its December 31, 2021 statement of financial position?
The trial balance of Titan Company on December 31, 2018 includes the following accounts: Share capital P1,500,000Share premium 500,000Treasury shares, at cost 200,000Retained earnings unappropriated 600,000Retained earnings appropriated 300,000 What amount should be reported as total shareholders’ equity?a. P2,700,000b. P3,100,000c. P2,600,000d. P2,300,000
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The shareholders' equity section of De Guzman Company revealed the followinginformation on Dc. 31, 2019: Preference Shares, P100 par P2,300,000Share Premium-Preference 805,000Ordinary Shares, P15 par 5,250,000Share Premium-Ordinary 2,750,000Subscribed Ordinary Shares 50,000Retained Earnings 1,900,000Notes Payable 4,000,000Subscription Receivable-Ordinary 400,000 Required: How much is the legal capital?
please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)
6. The trial balance of Diamante Corporation as of Dec. 31, 2018, contained the following selected balances: a. 17% Notes Payable, due May 1, 2020 b. Allowance for Uncollectible Accounts P4 000 000 60 000 c. Ordinary Shares, no-par, P20 stated value; 300 000 shares 6 000 000 d. Retained Earnings-Unappropriated e. Cash Dividends, Payable (declared Dec. 15 on preference f. Appropriation for Pending Litigation 500 000 14 000 600 000 g. 6% Preference Shares, P200 par, 3 000 shares authorized, issued and outstanding h. Donated Capital i. Share Premium-Preference 600 000 400 000 10 000 Required: Present the shareholders' equity section of the statement of financial position as of Dec. 31, 2018.
Note: RP AND IDR The book I use: Intermediate Accounting, Kieso, ifrs Edition, Fourth Edition Questions in image
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 1,000,000 400,000 500,000 600,000 300,000 400,000
Here is the trial balance of MAEMBE Ltd as at 30 April 2024 DR CR TZS TZS Share capital: authorised and issued 200,000.0 Stock as at 30 April 2023 102,994.0 Debtors 227,219.0 Creditors 54,818.0 8% debentures 40,000.0 Fixed assets replacement reserve 30,000.0 General reserve 15,000.0 Profit and loss account as at 30 April 2023 12,411.0 Debenture interest 1,600.0 Equipment at cost 225,000.0 Motor vehicles at cost 57,200.0 Bank 4,973.0 Cash 62.0 Sales 880,426.0 Purchases 419,211.0 Returns inwards 18,400.0 Carriage inwards 1,452.0 Wages and salaries 123,289.0 Rent, business rates and insurance 16,240.0 Discounts allowed 3,415.0 Directors’ remuneration 82,400.0 Provision for depreciation at 30 April 2023: Equipment 32,600.0 Motor vehicles 18,200.0 TOTAL 1,283,455.0 1,283,455.0 Given the following information as at 30 April 2024, draw up a profit and loss account and balance sheet for the year to that date: (i) Stock TZS 111,317. (ii) The share…
Please answer number 18, 19, 20, 21. Show solution please.
Kindly answer number 18 and 19 only.

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