29. The shareholders’ equity of Seven Corporation is presented below: 10% Preference Share, 2,000 shares outstanding P800,000 Ordinary Shares, 5,000 shares outstanding 700,000 Preference share premium 200,000 Ordinary share premium 50,000 Retained Earnings 250,000 What is the amount of Contributed Capital?
29. The shareholders’ equity of Seven Corporation is presented below: 10% Preference Share, 2,000 shares outstanding P800,000 Ordinary Shares, 5,000 shares outstanding 700,000 Preference share premium 200,000 Ordinary share premium 50,000 Retained Earnings 250,000 What is the amount of Contributed Capital?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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29. The shareholders’ equity of Seven Corporation is presented below:
10%
Ordinary Shares, 5,000 shares outstanding 700,000
Preference share premium 200,000
Ordinary share premium 50,000
What is the amount of Contributed Capital?
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