Hope Company provided the following data at year -end: Authorized Share Capital 5,000,000 Unissued Share Capital 2,000,000

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Hope Company provided the following data at year -end:

Authorized Share Capital 5,000,000

Unissued Share Capital 2,000,000

Subscribed share capital 1,000,000

Subscription Receivable 400,000

Share Premium 500,000

Retained Earnings - unappropriated 600,000

Retained Earnings - Appropriated 300,000

Treasury Shares 100,000

What total amount should be reported as Shareholder's Equity?

a. 5,100,000

b. 5,400,000

c. 5,000,000

d. 4,900,000

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0134730370

2nd edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Posted Date: Mar 07, 2022 12:36 AM

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Hope Company provided the following data at year -end: Authorized Share Capital 5,000,000 Unissued Share Capital 2,000,000

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Expert Answer:

Correct option is d Answer 4900000 Explanation Shareholders Equity A... View the full answer

Intermediate Accounting

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