.The accounts below appear in the December 31, 2020 trial balance of Spartans Corporation: Authorized Share Capital P 5,000,000 Unissued Share Capital 2,000,000 Subscribed Share Capital 1,000,000 Subscription Receivable-due 2018 400,000 Property Dividends Payable 800,000 Share Premium 500,000 Retained Earnings-unappropriated 600,000 Retained Earnings-appropriated 300,000 Treasury Shares-at cost 100,000 In its December 31, 2020 Statement of Financial Position, what is the amount of Spartans Contributed Capital?
.The accounts below appear in the December 31, 2020 trial balance of Spartans Corporation: Authorized Share Capital P 5,000,000 Unissued Share Capital 2,000,000 Subscribed Share Capital 1,000,000 Subscription Receivable-due 2018 400,000 Property Dividends Payable 800,000 Share Premium 500,000 Retained Earnings-unappropriated 600,000 Retained Earnings-appropriated 300,000 Treasury Shares-at cost 100,000 In its December 31, 2020 Statement of Financial Position, what is the amount of Spartans Contributed Capital?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter15: Contributed Capital
Section: Chapter Questions
Problem 4MC
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39.The accounts below appear in the December 31, 2020
Authorized Share Capital P 5,000,000
Unissued Share Capital 2,000,000
Subscribed Share Capital 1,000,000
Subscription Receivable-due 2018 400,000
Property Dividends Payable 800,000
Share Premium 500,000
Retained Earnings-appropriated 300,000
Treasury Shares-at cost 100,000
In its December 31, 2020
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