Preference share capital authorized, P100 par 5,000,000 Ordinary share capital authorized, P10 par 2,000,000 Unissued preference share capital 1,800,000 Unissued ordinary share capital 1,000,000 Subscriptions receivable, ordinary 180,000 Subscriptions receivable, preference 190,000 Preference share capital subscribed 300,000 Ordinary share capital subscribed 220,000 Treasury preference shares (700 shares at cost) 680,000 Share premium 850,000 Retained Earnings 2,000,000 How many ordinary shares were issued?
Preference share capital authorized, P100 par 5,000,000 Ordinary share capital authorized, P10 par 2,000,000 Unissued preference share capital 1,800,000 Unissued ordinary share capital 1,000,000 Subscriptions receivable, ordinary 180,000 Subscriptions receivable, preference 190,000 Preference share capital subscribed 300,000 Ordinary share capital subscribed 220,000 Treasury preference shares (700 shares at cost) 680,000 Share premium 850,000 Retained Earnings 2,000,000 How many ordinary shares were issued?
Chapter1: Financial Statements And Business Decisions
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