Ordinary share capital, P15 par Share premium - ordinary shares Preference share capital, P100 no par Share premium – preference shares Subscribed ordinary share capital Subscriptions receivable –...




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INDIGO Corporation provided the following shareholders' equity accounts. What is the amount of legal capital?












a. ₱ 8,981,000







b. ₱ 8,725,000







c. ₱ 10,233,000








d. ₱ 10,443,500






Ordinary share capital, P15 par<br>Share premium - ordinary shares<br>Preference share capital, P100 no par<br>Share premium – preference shares<br>Subscribed ordinary share capital<br>Subscriptions receivable – ordinary shares, collectible currently<br>4,875,000<br>1,462,500<br>3,200,000<br>256,000<br>650,000<br>210,500<br>Retained earnings<br>2,350,000<br>Revaluation surplus<br>420,000<br>

Extracted text: Ordinary share capital, P15 par Share premium - ordinary shares Preference share capital, P100 no par Share premium – preference shares Subscribed ordinary share capital Subscriptions receivable – ordinary shares, collectible currently 4,875,000 1,462,500 3,200,000 256,000 650,000 210,500 Retained earnings 2,350,000 Revaluation surplus 420,000

Jun 08, 2022
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