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. How many preference shares were issued during 2021?" Answer: 7,000 shares
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: 7,000 shares
"The following are found in the
Answer: P2,600,000
"The shareholders equity section of N Company at the end of the 2021 and 2020 are as follows: (2019) 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 total number of ordinary shares issued as of December 31, 2021?"
Answer: "50,000 shares"
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