13) The following accounts appear in the trial balance of DAVAO EAGLE Corporation as of December 31, 2019
(see attached image, kindly answer it based on your knowledge, thank you!)
Direction:
For each class of stock, compute for the authorized number of shares, issued shares, unissued shares, issued and outstanding shares, subscribed shares, still available for subscription, and legal capital.
Extracted text: 13. The following accounts appear in the trial balance of DAVAO EAGLE Corporation as of December 31, 2019: Redeemable Preference Share Capital, par P100, authorized 50,000 P1,700,000 shares Subscribed Preference Share Capital Subscription Receivable, Preference Shares Authorized Ordinary Share Capital, P100 stated value Unissued Ordinary Share Capital Ordinary Share Premium Preference Share Premium 200,000 150,000 1,000,000 500,000 55,000 300,000 60,000 Treasury Shares (500 ordinary shares) Direction: Subued shares, issued and outstanding shares, subscribed shares, still available for subscription, legal capital. Uni cach class of stock, compute for the authorized number of shares, issued shares, loge during 2020: