HAPPY Corporation has 1,500,000 authorized ordinary share capital at P100 par, 60% of these has been...
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HAPPY Corporation has 1,500,000 authorized ordinary share capital at P100 par, 60% of these has been subscribed and paid at P150 and consequently issued. Instruction: Figures should be encoded in this format XX,XXX i.e. 50,000 1. Authorized Share Capital 1,500,000 2. Number of authorized shares 15,000 2. Number of shares issued 9,000 3. Subscribed Share Capital 900,000 4. Number of shares subscribed 9,000 5. Share Premium 450,000 6. Paid Up Capital 975,000 7. Legal Capital 900,000 HAPPY Corporation has 1,500,000 authorized ordinary share capital at P100 par, 60% of these has been subscribed and paid at P150 and consequently issued. Instruction: Figures should be encoded in this format XX,XXX i.e. 50,000 1. Authorized Share Capital 1,500,000 2. Number of authorized shares 15,000 2. Number of shares issued 9,000 3. Subscribed Share Capital 900,000 4. Number of shares subscribed 9,000 5. Share Premium 450,000 6. Paid Up Capital 975,000 7. Legal Capital 900,000
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Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
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