The accounts shown below appear in the December 31, 2022 trial of Hinlo Corporation: Preferred stock, authorized PO par P10,000,000 Unissued preferred stock 3,600,000 Common stock, authorized P20 par 4,000,000 Unissued common stock 2,000,000 Subscription receivable, preferred stock 380,000 Subscription receivable, common stock 360,000 Subscribed preferred stock 600,000 Subscribed common stock 440,000 Treasury stock, preferred, at cost 1,360,000 Additional paid- in capital 1,700,000 Retained earnings 2,000,0000 All subscription receivables are due in year 2023. How much is the total stockholder's equity of Hinlo
The accounts shown below appear in the December 31, 2022 trial of Hinlo Corporation: Preferred stock, authorized PO par P10,000,000 Unissued preferred stock 3,600,000 Common stock, authorized P20 par 4,000,000 Unissued common stock 2,000,000 Subscription receivable, preferred stock 380,000 Subscription receivable, common stock 360,000 Subscribed preferred stock 600,000 Subscribed common stock 440,000 Treasury stock, preferred, at cost 1,360,000 Additional paid- in capital 1,700,000 Retained earnings 2,000,0000 All subscription receivables are due in year 2023. How much is the total stockholder's equity of Hinlo
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:The accounts shown below appear in the December 31, 2022 trial of Hinlo Corporation: Preferred stock, authorized PO par
P10,000,000 Unissued preferred stock 3,600,000 Common stock, authorized P20 par 4,000,000 Unissued common stock
2,000,000 Subscription receivable, preferred stock 380,000 Subscription receivable, common stock 360,000 Subscribed
preferred stock 600,000 Subscribed common stock 440,000 Treasury stock, preferred, at cost 1,360,000 Additional paid-
in capital 1,700,000 Retained earnings 2,000,0000 All subscription receivables are due in year 2023. How much is the
total stockholder's equity of Hinlo
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