The following information has been taken from the ledger accounts of Yogi Corporation: Total net income since incorporation Total cash dividends paid Carrying value of the company investment is Yogi company declared as property dividend Proceeds from sale of donated shares Total value of stocks dividends distributed Gain on treasury share transactions Unamortized premium on bonds payable Appropriated for contingencies The current balance of unappropriated retained earnings is: P2,030,000 b. P3,200,000 C. P1,330,000 d. P1,930,000 P3,200,000 150,000 600,000 150,500 420,000 375,000 413,200 700,000

The following information has been taken from the ledger accounts of Yogi Corporation: Total net income since incorporation Total cash dividends paid Carrying value of the company investment is Yogi company declared as property dividend Proceeds from sale of donated shares Total value of stocks dividends distributed Gain on treasury share transactions Unamortized premium on bonds payable Appropriated for contingencies The current balance of unappropriated retained earnings is: P2,030,000 b. P3,200,000 C. P1,330,000 d. P1,930,000 P3,200,000 150,000 600,000 150,500 420,000 375,000 413,200 700,000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 21BEA: The income statement, statement of retained earnings, and balance sheet for Somerville Company are...

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