The Homemaker Corporation was authorized to issue 80,000 ordinary shares with P100 par value. During the period, 50,000 ordinary shares has been issued, and 10,000 ordinary shares were subscribed. At this point, the corporation holds 4,000 ordinary shares in the treasury. The number of shares outstanding are 46,000 56,000 60,000 50,000

The Homemaker Corporation was authorized to issue 80,000 ordinary shares with P100 par value. During the period, 50,000 ordinary shares has been issued, and 10,000 ordinary shares were subscribed. At this point, the corporation holds 4,000 ordinary shares in the treasury. The number of shares outstanding are 46,000 56,000 60,000 50,000

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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