P7,000,000 3,000,000 4,335,000 650,000 Preference share capital, P300 par Share premium - preference shares Ordinary share capital, P150 Share premium - ordinary shares Subscribed ordinary share capital 950,000 Retained earnings - appropriated 550,000 Unrealized loss on available for sale securities 800,000 Subscription receivable - ordinary shares 700,000 Retained earnings - unappropriated Treasury shares - ordinary 3,500,000 1,000,000

P7,000,000 3,000,000 4,335,000 650,000 Preference share capital, P300 par Share premium - preference shares Ordinary share capital, P150 Share premium - ordinary shares Subscribed ordinary share capital 950,000 Retained earnings - appropriated 550,000 Unrealized loss on available for sale securities 800,000 Subscription receivable - ordinary shares 700,000 Retained earnings - unappropriated Treasury shares - ordinary 3,500,000 1,000,000

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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