The accounts below appear in the December 31, 2019 balance of J Company: Authorized ordinary share capital P5,000,000 Unissued ordinary share capital 2,000,000 Subscribed ordinary share capital 1,000,000 Subscription Receivable 400,000 Share Premium 500,000 Retained Earnings 1,100,000 Treasury ShareCost 100,000 In its December 31, 2019 balance sheet, J company should record a total shareholder’s equity of a.P5,500,000 b.P4,900,000 c.P4,800,000 d.P5,100,000
The accounts below appear in the December 31, 2019 balance of J Company:
Authorized ordinary share capital P5,000,000
Unissued ordinary share capital 2,000,000
Subscribed ordinary share capital 1,000,000
Subscription Receivable 400,000
Share Premium 500,000
Treasury ShareCost 100,000
In its December 31, 2019
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