Presented below is information related to Getty Corporation: Subscriptions Receivable, Ordinary Stock P 120,000 Ordinary Stock, P1 par 3,600,000 Ordinary Stock Subscribed 240,000 Share premium in Excess of Par—Ordinary Stock 210,000 Preference 8 1/2% Stock, P50 par 1,200,000 Share premium in Excess of Par—Preference Stock 240,000 Retained Earnings 900,000 Treasury Ordinary Stock (at cost) 90,000 The total stockholders' equity of Getty Corporation is?

Presented below is information related to Getty Corporation: Subscriptions Receivable, Ordinary Stock P 120,000 Ordinary Stock, P1 par 3,600,000 Ordinary Stock Subscribed 240,000 Share premium in Excess of Par—Ordinary Stock 210,000 Preference 8 1/2% Stock, P50 par 1,200,000 Share premium in Excess of Par—Preference Stock 240,000 Retained Earnings 900,000 Treasury Ordinary Stock (at cost) 90,000 The total stockholders' equity of Getty Corporation is?

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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The following are data pertaining to ABC Corporation: Ordinary share Capital, with par value of P50, 18,500 issued shares 925.000 Additional Paid in Capital 125,000 Retained Earnings 4,500,000 Shareholder's Equity 5,550,000 The following transactions took place: Aug 10-Reacquired 6,000 ordinary shares for treasury at P60 per share Aug 12- 2,500 treasury shares were sold at P62 per share Aug 20- Another 1,000 treasury shares were sold at P55 per share Aug 31- 1,000 treasury shares were retired Required: Journalize each transaction and compute for the new balance of Shareholder's Equity.
Presented below is information related to Sheridan Corporation: Common Stock, $1 par Paid-in Capital in Excess of Par-Common Stock 8 1/2% preferred Stock, $50 par Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Treasury Common Stock (at cost) $3480000 $6464000. $6315000. $7805000. $7954000. 555000 2040000 389000 1490000 149000 The total stockholders' equity of Sheridan Corporation is
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32. A company reported the following information on December 31, 2021: Preference share, P100 par P230,000 Share premium – Preference 80,000 Ordinary share, P15 par 525,000 Share premium – Ordinary 275,000 Subscribed ordinary share 5,000 Retained earnings 190,000 Share dividends distributable 40,000 Subscription receivable - Ordinary 40,000 Determine the total shareholders’ equity.
Answer no. 4 to 6
Presented below is information related to Cullumber Corporation: Common Stock, $1 par $10364000 Paid-in Capital in Excess of Par-Common Stock 6542000 Paid-in Capital from Treasury Stock 430000 Retained Earnings 9548000 696000 Treasury Common Stock (at cost) The total stockholders' equity of Cullumber Corporation is O $27580000. $26188000. $27150000. $25328000.
The total assets value of Boafo Plc is GHC600,000 and the shareholders’ fund is GHC360,000. The shareholders’ fund consists of :100,000 ordinary shares issued at GHC2 per share 200,000Retained earnings 160,000Calculate the book valuation of a share of QRS Plc
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The shareholders' equity of Ningning Company shows the following balances on 31 December 2014: Ordinary share, P100 par - P3,000,000 Treasury share, 5,000 ordinary shares at cost - P400,000 Share Premium - P660,000 Retained Earnings - P1,580,000 What is the book value per share of ordinary shares? (Round answer to the nearest two decimal places)
What are the adjusting entry in this problem?