On July 1. 2021. the CFAS Corporation was registered with the SEC. Iits authorized share capital...

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On July 1. 2021. the CFAS Corporation was registered with the SEC. Iits authorized share capital consists of 100,000 ordinary shares with par value P20.00 jper share On July 15, 2021. it issued 10.000 shares at P25 per share. On October 15, 2021. the CFAS Corn, paid to the majority shareholder the sum of PBO.c00 for a certan parcel of land; and iasued 5,000 ordinary shares for the building on the land. The land was appraised at P130,000. The building has a cost of P150,000 and its depreciated value is P90.000. It was appraised at P120.000. On April 15, 2022. the corporation purchased 5,000 of its own ordinary shares for P100.000. On Aune 15, 2022, 2.000 of the treasury shares were woit at P24 per share How much is the total share premium ot CFAS Corp on Junie 30, 2020? On July 1. 2021. the CFAS Corporation was registered with the SEC. Iits authorized share capital consists of 100,000 ordinary shares with par value P20.00 jper share On July 15, 2021. it issued 10.000 shares at P25 per share. On October 15, 2021. the CFAS Corn, paid to the majority shareholder the sum of PBO.c00 for a certan parcel of land; and iasued 5,000 ordinary shares for the building on the land. The land was appraised at P130,000. The building has a cost of P150,000 and its depreciated value is P90.000. It was appraised at P120.000. On April 15, 2022. the corporation purchased 5,000 of its own ordinary shares for P100.000. On Aune 15, 2022, 2.000 of the treasury shares were woit at P24 per share How much is the total share premium ot CFAS Corp on Junie 30, 2020?

Answer rating: 100% (QA)

promium for CFAS CPon June 30 2020 Shares ussued on daled Dg7202 15102021 n considerotion ... View the full answer