Choose the situation which illustrates the minimum requirement of the law to corporate formation: (Based on old Corporation Code) Choose the situation which illustrates the minimum requirement of the law to corporate formation Authorized Capital P100,000 100,000 50,000 60,000 Subscribed Capital P 25,000 5,000 12,500 15,000 Paid-in Capital P5,000 5.000 3.125 5,000 d. O A

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Choose the situation which illustrates
the minimum requirement of the law
to corporate formation: (Based on old
Corporation Code)
Choose the situation which illustrates the minimum requirement of the law to corporate formation
Authorized Capital
P100,000
100,000
50,000
60,000
Subscribed Capital
P 25,000
5,000
12,500
15,000
Paid-in Capital
P5,000
5,000
3.125
5,000
d.
O A
O B
Transcribed Image Text:Choose the situation which illustrates the minimum requirement of the law to corporate formation: (Based on old Corporation Code) Choose the situation which illustrates the minimum requirement of the law to corporate formation Authorized Capital P100,000 100,000 50,000 60,000 Subscribed Capital P 25,000 5,000 12,500 15,000 Paid-in Capital P5,000 5,000 3.125 5,000 d. O A O B
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