Please give solutions and explanation to the three questions. The correct answer is already given, just provide me with solution. "The shareholders equity section of N Company at the end of the 2021 and 2020 are as follows: (2021) 10% Preference share, P100 par P1,500,000; Ordinary share, P20 par P1,000,000; Share premium-preference P210,000; Share premium-ordinary P400,000 (2020) 10% Preference share, P100 par P800,000; Ordinary share, P20 par P600,000; Share premium-ordinary P200,000. What is the average issued price of the ordinary shares issued in 2021?" Answer: P30 per share
Please give solutions and explanation to the three questions. The correct answer is already given, just provide me with solution.
"The shareholders equity section of N Company at the end of the 2021 and 2020 are as follows: (2021) 10%
Answer: P30 per share
|
The resale of treasury shares at more than cost increases the
True or False? Why?
|
|
Which of the following transactions will decrease retained earnings?
Declaration of a bonus issue Payment of cash dividend Profit for the period Issuance of share dividend
why? |
Step by step
Solved in 3 steps
