Determine the minimum subscription and the minimum paid in capital in the following cases below: Arielle Corporation is being incorporated with an authorized share capital of P 3,000,000. The share capital is divided in 300,000 shares with a par value of P10 per share. Julia Corporation is being organized with a share capital of P 50,000. The share capital is divided into 10. 000 shares at P5 er share a. b.
Determine the minimum subscription and the minimum paid in capital in the following cases below: Arielle Corporation is being incorporated with an authorized share capital of P 3,000,000. The share capital is divided in 300,000 shares with a par value of P10 per share. Julia Corporation is being organized with a share capital of P 50,000. The share capital is divided into 10. 000 shares at P5 er share a. b.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Determine the minimum subscription and the minimum paid in capital in the following cases below:
Arielle Corporation is being incorporated with an authorized share capital of P 3,000,000. The
share capital is divided in 30,000 shares with a par value of P10 per share.
Julia Corporation is being organized with a share capital of P 50,000. The share capital is
divided into 10,000 shares at P5 per share.
а.
b.
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