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Share Capital Transaction
Share Capital Transaction
2)
Treasury Shares 216,000.00
Cash
Cash 150,000.00
Treasury Shares
Paid-In Capital from Sale of Treasury
Ordinary Share -
3)
Retained Earnings 600,000.00
Share Capital Dividends Distributable
5)
Preference Share Capital 1,500,000.00
Retained Earnings (375,000)
Ordinary Share Capital
PSC 15,000 x 100
OSC 15,000sh x 3sh x P25pv
RE 1,800,000-1,500,000
6)
Dividends in arrears
6,000sh x P100pv x 10% x 2
Current dividends
Required
Balance
7)
Retained Earnings 1,000,000.00
Scrip Dividends Payable
8) May-01
Cash 10,000.00
Teasury Shares
Jul-09
Unissued Ordinary Share Capital 570,000.00
Ordinary Share Capital
Ordinary Share Premium
9)
Total Cost of Treasury shares 400,000.00
Treasury Shares 5,000
Cost per Share ₱ 80.00
Share split 2 for 1 2
Cost per Share ₱ 40.00
10)
Treasury shares 700,000.00
Donated Capital
2000sh x P350mv
There will be no decrease in shareholders equity section as this transaction does not affect the shareh
11)
Authorized share capital, P 100 par P 5,000,000
Unissued share capital 2,000,000
Issued share capital 3,000,000
Subscribed Share Capital 1,000,000
Subscription Receivable-due 2021 (400,000)
Additional Paid-in Capital:
Share premium 500,000
Retained earnings, unappropriated 600,000
Retained earnings appropriated 300,000
Treasury shares, at cost, P 150 per share -150,000
Total shareholders' equity 4,850,000
12)
Treasury Shares 25000
Cash
200sh x P125
Cash 22,000.00
Additional Paid-in Capital 2,000.00
Retained Earnings 1,000.00
Treasury Shares
200sh x P110
200sh x P15
200sh x P125
13)
Ordinary Share Capital, P30pv 750,000.00
Ordinary Share Premium 87,500.00
Ordinary Share Capital, P30 sv
Paid-in Capital from Exchange of par for Stated Value Share
Capital
There will be no effect in Additional Paid-in Capital since the par value was replaced by the stated
value with the same exact amount
14) Jan.2
Cash 450,000.00
Preference Share Capital
Preference Share Premium
Mar. 1
Cash 312,500.00
Ordinary Share capital
Ordinary Share Premium
Shareholders' Equity
Contributed Capital:
10%Preference Share Capital, 615,000 shares P25 15,375,000.00
Ordinary Share Capital, 6,022,500 shares outstanding, P5 2,500
shares in treasury 30,125,000.00
Preference Share Premium 3,075,000.00
Ordinary Share Premium 15,187,500.00
Paidin capital from Sale of Treasury Shares 15,000.00
Retained Earnings,
Retained Earnings Appropriated fro Treasury Shares 35,000.00
Unappropriated Retained Earnings 1,132,500.00
Total Contributed Capital and Retained Earnings
Less Treasury Shares, at cost (2,500 @14)
Total Shareholders' Equity
15)
Total NI since Incorporation 840,000
Ordinary Share Capital Distributable (65,000)
Retained Earnings, Dec. 31, 2019 775,000
500,000.00
500,000.00
1,000,000
4,500,000.00
(1,500,000)
3,000,000.00
216,000.00
216,000.00
108,000.00
42,000.00
108,000.00
600,000.00
1,125,000.00
60,000.00 60,000.00
20,000.00 20,000.00
180,000.00 20,000.00 200,000.00
1,000,000.00
75,000.00
10,000.00
500,000.00
70,000.00
700,000.00
25000
25000
25000
25,000.00
750,000.00
87,500.00
375,000.00
75,000.00
125,000.00
187,500.00
140,000.00
140000
105,000.00
15,000.00
63,777,500.00
1,167,500.00
64,945,000.00
35000
₱ 64,910,000.00