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Ordinary share capital, P15 par Share premium – ordinary shares Preference share capital, P100 no par 4,875,000 1,462,500 3,200,000 Share premium - preference shares Subscribed ordinary share capital Subscriptions receivable - ordinary shares, collectible currently 256,000 650,000 210,500 Retained earnings 2,350,000 420,000 Revaluation surplus

Ordinary share capital, P15 par Share premium – ordinary shares Preference share capital, P100 no par 4,875,000 1,462,500 3,200,000 Share premium - preference shares Subscribed ordinary share capital Subscriptions receivable - ordinary shares, collectible currently 256,000 650,000 210,500 Retained earnings 2,350,000 420,000 Revaluation surplus

FINANCIAL ACCOUNTING
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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INDIGO Corporation provided the following shareholders' equity accounts. What is the amount of legal capital? * PLEASE SHOW HOW TO GET THIS ANSWER ₱ 8,981,000
Ordinary share capital, P15 par Share premium – ordinary shares Preference share capital, P100 no par Share premium – preference shares Subscribed ordinary share capital Subscriptions receivable - ordinary shares, collectible currently Retained earnings Revaluation surplus 4,875,000 1,462,500 3,200,000 256,000 650,000 210,500 2,350,000 420,000
Transcribed Image Text:Ordinary share capital, P15 par Share premium – ordinary shares Preference share capital, P100 no par Share premium – preference shares Subscribed ordinary share capital Subscriptions receivable - ordinary shares, collectible currently Retained earnings Revaluation surplus 4,875,000 1,462,500 3,200,000 256,000 650,000 210,500 2,350,000 420,000
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