Question: Question 5 2 points Save Answer On January 1, 2020 BBB Corporation decided to increase its capital by 100,000 shares, through issuing 100 000 shares

Question 5 2 points Save Answer On January 1, 2020 BBB Corporation decided to increase its capital by 100,000 shares, through issuing 100 000 shares with a par value of JD 1 to capital 3D 400,000 from the Union bank loan. Following in the liabilities and shareholders equity section at 1/1/2020 before the capital increase Union bunk loan 500 000 Share in Capital 3,000,000. Compulsory reserve 250,000. Optional reserve 300.000 Rotained Earnings (ouse) (600.000) Total Stockholders equity after the capital increases 7.450,000 3 450 000 8.350.000 7,950,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Question 12 2 points Save Answer On January 1, 2020, BBB Corporation decided to increase its capital by 100,000 shares, through issuing 100,000 shares with a par value of JD 1 to capitalize JD...

Question 4 2 points Save Answer On January 1, 2020. BBB Corporation decided to reduce JD 1,000,000 of its capital by amortizing from retained losses. The par value is JD 1. The Following is a...

Question 19 Question 19 of 20 2 points Save Answer On January 1, 2020, BBB Corporation decided to reduce JD 1,000,000 of its capital by amortizing from retained losses. The par value is JD 1. The...

uestion 12 2.5 points Save Answer *On January 1, 2020 BBB Corporation decided to reduce JD 1,000,000 of its capital by amortize from retained losses Par value is JD 1 The Following is a shareholders'...

Question 16 2 points Save Answer On January 1, 2020 Union Bank was established as a public shareholding company Union Bank authortest00.000.000 shares of common stock A par value of JD 1 per share....

senang mere Question Completion Status: QUESTION 4 4 points Save Answer On January 1, 2021, Coro granted stock options to key employees for the purchase of 80.000 shares of the company's common stock...

QUESTION 1 Money Corporation has the following income and expenses for the tax year: Gross profit on sales: $200,000 Expenses: 700,000 Dividends received from less-than-20%-owned domestic...

31? a. Interest Receivable.. 120 Interest Revenue b. Debt Investments 120 120 Interest Revenue c. Interest Receivable..... 120 123 Interest Revenue d. Debt Investments 123 123 Interest Revenue 123 2)...

FINAL ACC2202 EXAM: 1. Stockholders of a corporation directly elect: a. the president of the corporation. b. the board of directors. c. the treasurer of the corporation. d. all of the employees of...

1. Bisnar Co. has the following information relating to its shareholders equity as of January 1, 2020. Share capital, 300,000 authorized, P50 par value, 225,000 shares issued, 15,000 held in treasury...

Calculate the taxable value of supply from the followings a) Advertisement through hoardings b) Performances of a folk dance artist c) Hotel room tariff @2,500/- per room d) Rent received for...

Assumes cars depreciate at $40/week. What is the weekly cost of depreciation? What is the weekly total cost of depreciation andrepair? Customers Short-Term T = 0.5 week R= 200 car/week P = 200 $/week...

For each of the following products, decide on the best advertising media to use. Explain your choice in each case. a Nike, which produces an established brand of sports shoes that is sold to...

Projects A and B are mutually exclusive and both have an initial cost of $88,000. Project A has annual cash flows for three years of $18,300, $34,500, and $52,300, respectively. Project B has annual...

Explain how an attention line and a subject line differ in (a) purpose and (b) placement. (Objective 2)

Respond to the following e-mail from a friend. Follow your instructors directions about whether to print your message or send it to him or her electronically. (Objective 1) I want to apply for a job...

Correct the following inside addresses and salutations: (Objectives 1 and 2) a. AmberQuest, Inc. 689 City Center Drive, Suite 206 Aurora, CO 80016-5320 Dear Ms. Kilichowsky b. Ambrose Britton,MD...