LUCIA Co has the following information related to its accounts as of December 31, 2020 Ordinary share capital, par value P50 1,000,000 rupees Preferred share capital, par value P30 450 000 First issue ordinary 400 000 Issue premium preference 120,000 Retained earnings 250 000 Treasury shares common...

To determine the number of shares outstanding for each ...

LUCIA Co. has the following information related to its accounts as of December 31, 2020: Ordinary share

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LUCIA Co. has the following information related to its accounts as of December 31, 2020:

Ordinary share capital, par value P50	1,000,000 rupees
Preferred share capital, par value P30	450.000
First issue – ordinary	400.000
Issue premium – preference	120,000
Retained earnings	250.000
Treasury shares – common, P55 cost per share	275.000

What is the number of shares outstanding for each share class?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Posted Date: Jun 05, 2023 03:26 AM

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LUCIA Co. has the following information related to its accounts as of December 31, 2020: Ordinary share

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