The shareholders' equity of Rockets Corporation at the end of 2020 and 2019 are as follows: 2020 2019 P 870,000 Ordinary Share Capital, P 10 par 12% Preference Share Capital, P 40 par Ordinary Share Premium P2,630,000 2,008,720 1,026,000 580,000 300,000 Preference Share Premium 322,128 123,000 Retained Earnings The average issue price of the Preference Shares issued in 2020 is? 5,640,000 3,920,000

The shareholders' equity of Rockets Corporation at the end of 2020 and 2019 are as follows: 2020 2019 P 870,000 Ordinary Share Capital, P 10 par 12% Preference Share Capital, P 40 par Ordinary Share Premium P2,630,000 2,008,720 1,026,000 580,000 300,000 Preference Share Premium 322,128 123,000 Retained Earnings The average issue price of the Preference Shares issued in 2020 is? 5,640,000 3,920,000

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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