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Wu, Rico J.

K-35

This study source was downloaded by 100000828573913 from CourseHero.com on 07-21-2022 03:51:17 GMT -05:00
Answer Summary:

Exercise 9-1 Exercise 9-3 (1)


11. False a. Total contributed capital = P5,200,000.00
12. True b. Total shareholder’s equity at year-end = P6,520,000.00
13. False
14. True (2)
15. True Premium = P155,000.00
16. False
17. True (5)
18. False Average selling price = P64.50
19. True
20. False Exercise 9-4
1. Preference share capital = P230,000.00
2. Ordinary share capital = P112,500.00
3. Reserves = P131,600.00
4. Retained earnings = P865,000.00
5. Treasury shares = (P1,800.00)
6. Total stockholders’ Equity = P1,337,300.00

This study source was downloaded by 100000828573913 from CourseHero.com on 07-21-2022 03:51:17 GMT -05:00
Exercise 9-3 (1) Solution:

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Exercise 9-3 (2) Solution:

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Exercise 9-3 (5) Solution:

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Exercise 9-4 Solution:

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