Question: Pwede po pahelp kaunting tanong lang po ito. Need ko lang po ng explantion for further understanding thank you 5/2 | wWW 13. Treasury shares
Pwede po pahelp kaunting tanong lang po ito. Need ko lang po ng explantion for further understanding thank you

5/2 | wWW 13. Treasury shares plus outstanding shares equal a. authorized shares. b. unissued shares. c. subscribed shares. d. issued shares. 14. On Feb. 1, 2019 authorized ordinary shares was sold on a subscription basis at a price in excess of par value, and 20% of the subscription price was collected. On May 1, the remaining 80% of the subscription price was collected. Share premium increased on February 1 May 1 a. No Yes b. No No C . Yes No d. Yes Yes 15. The purchase of treasury stock will result in a. a decrease in assets and a decrease in shareholders' equity. b. a decrease in one asset account and an increase in a different asset account. c. a decrease in assets and a decrease in liabilities. d. no net changes in assets, liabilities, or shareholders' equity
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