quity Problem 4: Legal and Contributed Capital Aquinde Corporation has the following accounts in its shareholders equity on February 1, 20x1: Preference share, P100 par Ordinary share, P50 par...

quity<br>Problem 4: Legal and Contributed Capital<br>Aquinde Corporation has the following accounts in its shareholders equity on<br>February 1, 20x1:<br>Preference share, P100 par<br>Ordinary share, P50 par<br>Subscribed preference share<br>Subscription receivable - preference<br>Subscribed ordinary share<br>Subscription receivable - ordinary<br>Share premium - preference<br>Share premium - ordinary<br>Retained earnings<br>Treasury share 5,000 ordinary share at cost<br>2,500,000<br>5,500,000<br>1,500,000<br>800,000<br>2,000,000<br>600,000<br>200,000<br>400,000<br>2,000,000<br>400,000<br>Required: Compute the following<br>Contributed capital<br>b. Legal capital<br>Total shareholders' equity<br>a.<br>C.<br>

Extracted text: quity Problem 4: Legal and Contributed Capital Aquinde Corporation has the following accounts in its shareholders equity on February 1, 20x1: Preference share, P100 par Ordinary share, P50 par Subscribed preference share Subscription receivable - preference Subscribed ordinary share Subscription receivable - ordinary Share premium - preference Share premium - ordinary Retained earnings Treasury share 5,000 ordinary share at cost 2,500,000 5,500,000 1,500,000 800,000 2,000,000 600,000 200,000 400,000 2,000,000 400,000 Required: Compute the following Contributed capital b. Legal capital Total shareholders' equity a. C.

Jun 11, 2022

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quity Problem 4: Legal and Contributed Capital Aquinde Corporation has the following accounts in its shareholders equity on February 1, 20x1: Preference share, P100 par Ordinary share, P50 par...

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