Theyear0the serv.ces and ihe increaset they are received acroEs tre ver:HFRS 2, par. 15)31, 2NAME:SCORE:SECTION:PROFESSOR:Probiem #5issuance of Ordinary and Preference Shares0uly 2, 2019, Victorino Corporation issued for cash 12,000 shares of no-par ordinary:a es with a stated value of P13 per share ar P17. On July 17, it issued for cash 8009es of P110-par 10% preference shares at P112.eniredepare the journal entries for July 2 and Juiy 17.Vhat is the total amount invested by ail shareholders as of July 17?Problem #6Issuance of Ordinary and Preference Sharessianaba Corporation was organized on April B. 2019 The carporation55ue 9,000 shares of 9% cumulative g

Common stock and Preference stock are two type of shares issued by the company, on which company has…

Probiem #5 issuance of Ordinary and Preference Shares 'uly 2, 2019, Victorino Corporation issued for cash 12,000 shares of no-par ordinary :a es with a stated value of P13 per share at P17 On July 17, it issued for cash 800 res of P110-par 10% preference shares at P112. enuired epare the journal entries for July 2 and Juiy 17. Vhat is the totał amount invested by ail shareholders as of July 17?

Probiem #5 issuance of Ordinary and Preference Shares 'uly 2, 2019, Victorino Corporation issued for cash 12,000 shares of no-par ordinary :a es with a stated value of P13 per share at P17 On July 17, it issued for cash 800 res of P110-par 10% preference shares at P112. enuired epare the journal entries for July 2 and Juiy 17. Vhat is the totał amount invested by ail shareholders as of July 17?

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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