The unadjusted trial balance of Shower Corp. on December 31, 20X1 includes the following Dividend Payable 80,000 . Imcome tax payable 50,000 OrdinaryShareCapital (P5 par 50,000 shares authorized) 1,500,000 Ordinary Share Subscribed (10,000 shares) 50,000 Ordinary Share Premium 100,000 10 % Preference share capital 25,000 shares authorized 12 000 shares outstanding) 60,00 Preference Share Premium 60,000 Retained Earnings Appropriated for Contingencies 250,000 Retained Earnings Appropriated for Bond Retirement . 300,000 Retained Earnings Unappropriated 400,000 Buildings800,000 Ordinary Share Dividends Distributable175000 Paid in Capital from Share Capital Dividend 65,000 Required: A What is the number of ordinary shares and outstanding? B- What is the par value for each preference share capital? C What is the total amount of Share Capital?
Pa post to ate hehe The unadjusted
Dividend Payable 80,000 .
Imcome tax payable 50,000
OrdinaryShareCapital (P5 par 50,000 shares authorized) 1,500,000
Ordinary Share Subscribed (10,000 shares) 50,000
Ordinary Share Premium 100,000
10 %
12 000 shares outstanding) 60,00
Preference Share Premium 60,000
Retained Earnings Appropriated for Bond Retirement . 300,000
Retained Earnings Unappropriated 400,000
Buildings800,000
Ordinary Share Dividends Distributable175000
Paid in Capital from Share Capital Dividend 65,000
Required:
A What is the number of ordinary shares and outstanding?
B- What is the par value for each preference share capital?
C What is the total amount of Share Capital?
How much is the total amount of Retained Earn.?
What is the total amount of equity?
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