Problem #18 The accounts below appeared in the Dec. 31, 2019 trial balance of the Ceradoy Corporation: P270,000 Ordinary Shares, P15 par, 20,000 shares authorized, 18,000 shares issued Subscriptions Receivable Subscribed Ordinary Shares Retained Earnings 17,000 27,000 200,000 95,000 Share Premium Treasury Stock, 1,000 shares, at cost 25,000 Required: From these accounts determine the following: 1. Total authorized ordinary shares. 2. Total unissued ordinary shares. 3. Total issued ordinary shares.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The accounts below appeared in the Dec. 31, 2019 trial balance of the Ceradoy
NAME:
SCORE:
SECTION:
PROFESSOR:
Problem #18
Corporation:
P270,000
Ordinary Shares, P15 par, 20,000 shares
authorized, 18,000 shares issued
Subscriptions Receivable
Subscribed Ordinary Shares
Retained Earnings
17,000
27,000
200,000
Share Premium
95,000
Treasury Stock, 1,000 shares, at cost
25,000
Required: From these accounts determine the following:
1. Total authorized ordinary shares.
2. Total unissued ordinary shares.
3. Total issued ordinary shares.
4. Ordinary shares subscribed.
5. Total shareholders' equity.
6. Number of shares issued.
7. Number of shares subscribed.
8. Number of shares in treasury.
9. Number of outstanding shares.
Transcribed Image Text:The accounts below appeared in the Dec. 31, 2019 trial balance of the Ceradoy NAME: SCORE: SECTION: PROFESSOR: Problem #18 Corporation: P270,000 Ordinary Shares, P15 par, 20,000 shares authorized, 18,000 shares issued Subscriptions Receivable Subscribed Ordinary Shares Retained Earnings 17,000 27,000 200,000 Share Premium 95,000 Treasury Stock, 1,000 shares, at cost 25,000 Required: From these accounts determine the following: 1. Total authorized ordinary shares. 2. Total unissued ordinary shares. 3. Total issued ordinary shares. 4. Ordinary shares subscribed. 5. Total shareholders' equity. 6. Number of shares issued. 7. Number of shares subscribed. 8. Number of shares in treasury. 9. Number of outstanding shares.
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