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

Answer rating: 100% (QA)

Answer 1 Authorised Share Capital 1500000 2 Number of Auth... View the full answer