Perrin SA reported the following balances at December 31, 2016: share capital- ordinary 400,000; share premium-ordinary 220,000;

Question:

Perrin SA reported the following balances at December 31, 2016: share capital- ordinary €400,000; share premium-ordinary €220,000; and retained earnings €250,000. During 2017, the following transactions affected equity.
1. Issued preference shares with a of €125,000 for €160,000.
2. Purchased treasury shares (ordinary) for €40,000.
3. Earned net income of €128,000.
4. Declared and paid cash dividends of €33,000.
Instructions
Prepare the equity section of Perrin SA's December 31, 2017, statement of fi nancial position.
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...