How much is the ordinary shares issued?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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63. 

A partial list of the accounts and ending account balances taken from the post-closing trial balance of Debilitate Corporation on December 31, 2016 is shown as follows:

Retained earnings – Unappropriated

410,000

Bonds payable

220,000

Ordinary share subscribed

50,000

Long-term investments in equity securities

210,000

Additional paid-in capital on ordinary shares

460,000

Premium on bonds payable

30,000

Authorized ordinary share at P10 par value

900,000

Preference shares subscribed

45,000

Additional paid-in capital on preference shares

112,000

Authorized preference shares at P50 par value

400,000

Gain on sale of treasury shares

4,000

Unrealized increase in value of securities available-for-sale

3,000

Ordinary share warranty outstanding

20,000

Unissued ordinary shares

500,000

Unissued preference shares

100,000

Cash dividends payable – preference

50,000

Donated capital

25,000

Reserve for bond sinking fund

220,000

Reserve for depreciation

150,000

Revaluation increment in properties

100,000

Subscription receivable – preference

15,000

Subscription receivable – ordinary

20,000

 

How much is the ordinary shares issued?

 
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