1. Assume that STAR Corporation is being formed. Its authorized share capital is P10,000,000 divided into 100,000 shares with a par value of P100 per share. 
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3. A corporation is being organized with an authorized share capital of P500,000. How much of this P500,000 should be subscribed and how much must actually be paid?
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5. Compute for the following:
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7. Subscribed Capital
8. Paid-in Capital

Answer rating: 100% (QA)

I Given that the authorized share capital is P500000 ... View the full answer