Charice Company revealed the following shareholder’s equity at year end: Preference share capital, P100 par 2,300,000 Share premium – PS 805,000 Ordinary share capital, P15 par 5,250,000 Share premium 2,750,000 Subscribed ordinary share capital 500,000 Retained earnings 1,900,000 Note payable 4,000,000 Subscription receivable - ordinary 400,000 How much is the legal capital?

Q: COMPUTE FOR YOUR BASIC EARNING PER SHARE * BASIC EARNINGS PER SHARE Entity A had 50, 000, P15 PAR,…

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

Q: The accounts shown below appear in the December 31, 2022 trial balance of BFAR Corporation:…

A: The question has asked to compute the total contributed capital of BFAR Corporation.   The…

Q: Part A Phelps Corporation has two classes of share capital outstanding: $5 par ordinary and $20 par…

A: Company means the form of business where the owner are allotted shares. Journal entry means the book…

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

A: The underlying value of the financial assets in the books of accounts of the company is known as…

Q: The shareholders' equity section of Hale Co. on December 31, 2018 showed the following: Ordinary…

A: The stock dividend is declared from the retained earnings of the business.

Q: Andromeda Corp. reported the following shareholders’ equity on December 31, 2023: 12% cumulative…

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

Q: ABC Corporation provided you the following information on January 01, 2021: Share capital, P10 par…

A: The journal entries are prepared to keep the record of day to day transactions of the business. The…

Q: The shareholder' equity of M Corp on Dec 31, 2021 follows: 10% Preference share capital P100 par,…

A: The dividend in arrears are paid to only cumulative preference shareholders. The book value per…

Q: dacility company revealed the following shareholder's equity: preference share capital 2,500,000…

A: Legal capital is the capital which company the capital related to common stock and preferred stock…

Q: On 5 March 20X7, Marchant Ltd issued 200,000 5% irredeemable GHS 1 preference shares.   In…

A: As per IAS 32 Financial Instruments, When preference shares are non-redeemable, the appropriate…

Q: Relay Company provided the following data at year-end: Authorized share capital P 5,000,000 Unissued…

A: • Treasury stocks are shares bought back or repurchased from the existing investors by the company.…

Q: Fire company has the following data at year end: · 10% noncumulative preference shares capital,…

A: Book Value per Share Book value per share is the ratio of equity capital available to common…

Q: The shareholders' equity section of the statement of financial position of ABC Co. contair…

A: The journal is prepared to record the transactions on regular basis as debit and credit different…

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

A: Net income =Sales -Total expenses=10,000,000 -7,800,000=2,200,000   Retained earnings at year end…

Q: Ntebegining of curent yew, Jade Company reported the following rcholdens'equity: Sare capital,…

A: Unappropriated retained earnings: The unappropriated retained earnings can be defined as the portion…

Q: Rose Company reports net inconme of 5900,000 for 2021. declarrs and pays prefemed shares dividends…

A: In order to determine the earning per share, the earnings available to equity shareholders are…

Q: Summer company has the following data at year end: 8% cumulative preference shares capital, P100…

A: Preference share capital - or commonly known as preferred stock. It is also a part of the share…

Q: The shareholder’s equity section of FED, Inc. contains the following: Preference share capital of…

A: The treasury stock decreases the total shareholders' equity of the business. The retired shares…

Q: BFAR Company reported the following Shareholders' at year-end: Share Capital, P50 par value Share…

A: Dividends are paid in two types Stock dividends and Cash dividends. Stock dividend means a payment…

Q: How much is the total dividends payable to ordinary shareholders? 2. What is the balance of the…

A: Dividends represent a distribution of a company's profits to its shareholders as a reward for their…

Q: The accounts below appear in the December 31, 2022 trial balance of BFAR Corporation: Ordinary Share…

A: The time period shareholder fairness (SE) refers to an enterprise's internet really well worth or…

Q: The shareholder’ equity of L Corp on Dec 31, 2021 follows:   10% Preference share capital P100…

A: Preference share capital is the capital which gets preference over the equity share capital in terms…

Q: The accounts shown below appear in the December 31, 2022 trial balance of BFAR Corporation:…

A: The time period shareholder fairness (SE) refers to an enterprise's internet really well worth or…

Q: The shareholders' equity section of Casey Inc. as at December 31, 20x0 is as follows: Preferred…

A: Transactions are recorded firstly in the journal.

Q: The stockholder's equity section of Rashid Corporation's balance sheet appears as follows:…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: The following information is provided for Mario Company: Retained earnings, P350,000 Preference…

A: Total contributed capital =  Preference share capital + Premium on ordinary shares + Share Premium…

Q: Problem 1 (Adapted) The shareholders’ equity of Yelan Company showed the following account balances…

A: Share capital is one of the important source of finance for the business. It includes common share…

Q: The shareholder’ equity of M Corp on Dec 31, 2021 follows:   10% Preference share capital P100…

A: The dividend is declared to the shareholders from the retained earnings of the business. The book…

Q: capital have not yet paid to the corporation Average amount per share that ordinary sha Iready paid…

A: Shareholders also invest money in the company and in return they become the owners in proportion to…

Q: The shareholders' equity section of H Co. on December 31, 2018 showed the following: Ordinary share…

A: solution number of ordinary share for share dividends =(issued share – treasury share ) =(105000 –…

Q: nd show your soluti

A: shareholders' equity of NNN Company on December 31, 2014 follows:   calculation of Book value of per…

Q: Required: 1. How much is the total accumulated profits, appropriated? 2. What is the total…

A: Financial accounting is a branch concerned with recording, summarising, and reporting financial…

Q: The company issued 2,500, P125 par ordinary shares for an outstanding bank loan of P350,000. On this…

A: The shares  premium or discount can be evaluated by difference between face value of shares and…

Q: What total amount should be reported as shareholders' equity? Select the correct response O…

A: solution given Authorized share capital 5000000 Unissued share capital 2000000…

Q: The Shareholders' Equity section of BFAR Corp. statement of financial position shows the following:…

A: Retained profits are the cumulative internet profits or income of a corporation after accounting for…

Q: The equity of Duffy Ltd at 1.12.2022 was as follows: Share capital Share premium Revaluation reserve…

A: It has been given that 10 shares has been issued as a bonus issue for which the shareholders will…

Q: Compute earnings per share data as it should appear on the income statement of Windsor SA. (Round…

A: The earnings per share is the earnings which have to be computed at the earnings which are available…

Q: The shareholder' equity of L Corp on Dec 31, 2021 follows: 10% Preference share capital P100 par,…

A: Issue of shares is one of the source of capital for the business. There can be common shares or…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.