Mara Company provided the following data at year-end: Authorized share capital 5,000,000 Unissued share capital 2,000,000 Subscribed share capital 1,000,000 Subscription receivable 400,000 Share premium 600,000 Retained earnings unappropriated 600,000 Retained earnings appropriated 300,000 Revaluation surplus 200,000 Treasury shares, at cost 150,000 What total amount should be reported as shareholders’ equity?
Mara Company provided the following data at year-end: Authorized share capital 5,000,000 Unissued share capital 2,000,000 Subscribed share capital 1,000,000 Subscription receivable 400,000 Share premium 600,000 Retained earnings unappropriated 600,000 Retained earnings appropriated 300,000 Revaluation surplus 200,000 Treasury shares, at cost 150,000 What total amount should be reported as shareholders’ equity?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Mara Company provided the following data at year-end:
Authorized share capital 5,000,000
Unissued share capital 2,000,000
Subscribed share capital 1,000,000
Subscription receivable 400,000
Share premium 600,000
Retained earnings appropriated 300,000
Revaluation surplus 200,000
Treasury shares, at cost 150,000
What total amount should be reported as shareholders’ equity?
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