Kindly answer number 8 with solution В.The shareholders' equity of Janet Corporation at the end of 2018 and 2017.are as follows:2018P1,000,0002017P 600,0001,800,00012% Preference Share, P100 parOrdinary Share, P20 parShare Premium - PreferenceShare Premium – Ordinary2,000,000160,000800,000400,000What is the total number of ordinary shares issued atDecember 31, 2018?_4.5.How many preference shares were issued during2018?6.What is the average issue price per share of thepreference issued in 2018?7.How many ordinary shares were issued in 2018?8.What is the average issue price per share of theordinary shares issued in 2018?B.

Ordinary shares and preference shares are two types of shares that are being issued by the company.…

Answered: Kindly answer number 8 with solution

Business

Accounting

Kindly answer number 8 with solution

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Kindly answer number 8 with solution

В.
The shareholders' equity of Janet Corporation at the end of 2018 and 2017.
are as follows:
2018
P1,000,000
2017
P 600,000
1,800,000
12% Preference Share, P100 par
Ordinary Share, P20 par
Share Premium - Preference
Share Premium – Ordinary
2,000,000
160,000
800,000
400,000
What is the total number of ordinary shares issued at
December 31, 2018?
_4.
5.
How many preference shares were issued during
2018?
6.
What is the average issue price per share of the
preference issued in 2018?
7.
How many ordinary shares were issued in 2018?
8.
What is the average issue price per share of the
ordinary shares issued in 2018?
B.

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