"On January 1, 2020, ABC Company was established as a public shareholding company. ABC Company authorizes 12,000,000 shares of common stock. A par value of JD 1 per share. ABC Company offering for subscription 10,000,000 shares. The number of subscribed shares is 9,500,000 shares at the end date of subscription. the authorized capital of ABC Public Shareholding Company is" "2,500,000" "9,500,000" "12,000,000" "10,000,000" « < Question 12 of 22 > L> A Moving to another question will save this response.
"On January 1, 2020, ABC Company was established as a public shareholding company. ABC Company authorizes 12,000,000 shares of common stock. A par value of JD 1 per share. ABC Company offering for subscription 10,000,000 shares. The number of subscribed shares is 9,500,000 shares at the end date of subscription. the authorized capital of ABC Public Shareholding Company is" "2,500,000" "9,500,000" "12,000,000" "10,000,000" « < Question 12 of 22 > L> A Moving to another question will save this response.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
!["On January 1, 2020, ABC Company was established as a public shareholding company. ABC Company authorizes 12,000,000 shares of common stock. A par value of JD 1 per share. ABC Company
offering for subscription 10,000,000 shares. The number of subscribed shares is 9,500,000 shares at the end date of subscription, the authorized capital of ABC Public Shareholding Company is"
"2,500,000"
"9,500,000"
"12,000,000"
"10.000.000"
Moving to another question will save this response.
«< Question 12 of 22 > >
1134 AM
arch
37°C Haze
9/1/2021
DELL
F12
Priscr
Insert
Delete
F8
F9
F4
F6
Num
Lock
&
Backspace
8
TY
G Y
K
Enter
B Y
N T
M
Alt
Ctri](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30a0d6e3-8350-41db-960e-c32686bb34d8%2Fc369fbdc-a302-49d6-8625-fc363c7a4bf7%2Faoa973f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:"On January 1, 2020, ABC Company was established as a public shareholding company. ABC Company authorizes 12,000,000 shares of common stock. A par value of JD 1 per share. ABC Company
offering for subscription 10,000,000 shares. The number of subscribed shares is 9,500,000 shares at the end date of subscription, the authorized capital of ABC Public Shareholding Company is"
"2,500,000"
"9,500,000"
"12,000,000"
"10.000.000"
Moving to another question will save this response.
«< Question 12 of 22 > >
1134 AM
arch
37°C Haze
9/1/2021
DELL
F12
Priscr
Insert
Delete
F8
F9
F4
F6
Num
Lock
&
Backspace
8
TY
G Y
K
Enter
B Y
N T
M
Alt
Ctri
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education