The accounts below appear in the December 31, 200B trial balance of M Company: Authorized common stock P2,500,000 Unissued common stock 1,000,000 Subscribed common stock 500,000 Subscription receivable 200,000 Additional paid-in capital 250,000 Retained earnings unappropriated 300,000 Retained earnings appropriated 150,000 Revaluation increment in property 100,000 Treasury stock, at cost 50,000 In its December 31, 200B balance sheet, M should report total stockholders' equity at a. P2,550,000 b. P2,750,000 c. P2,450,000 d. P2,400,000
The accounts below appear in the December 31, 200B
Authorized common stock P2,500,000
Unissued common stock 1,000,000
Subscribed common stock 500,000
Subscription receivable 200,000
Additional paid-in capital 250,000
Retained earnings appropriated 150,000
Revaluation increment in property 100,000
In its December 31, 200B
a. P2,550,000
b. P2,750,000
c. P2,450,000
d. P2,400,000
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