Presented below are balances taken from the records of Sanso Corporation, as of December 31, 2020: 10% Preference Share
Posted: Tue Jul 05, 2022 11:47 am
Presented below are balances taken from the records of SansoCorporation, as of December 31, 2020:10% Preference Share Capital, cumulative, ₱100 par value =₱1,000,000Subscribed Preference Share Capital = ₱750,000Subscriptions Receivable-Preference = ₱450,000Ordinary Share Capital, ₱50 par value = ₱920,000Subscribed Ordinary Share Capital = ₱650,000Subscriptions Receivable-Ordinary = ₱220,000Accumulated Profits = ₱2,410,000Treasury Share-Ordinary, 500 shares = ₱35,000
How much is total shareholders’ equity as of December31, 2020?
How much is total shareholders’ equity as of December31, 2020?