The shareholders’ equity of Ceda Corporation is presented below: 10% Preference Share, 2,000 shares outstanding P200,000 Ordinary Shares, 5,000 shares outstanding 100,000 Preference share premium 20,000 Ordinary share premium 25,000 Retained Earnings 45,000 Compute the amount of issuance price for Preference Share?

The shareholders’ equity of Ceda Corporation is presented below: 10% Preference Share, 2,000 shares outstanding P200,000 Ordinary Shares, 5,000 shares outstanding 100,000 Preference share premium 20,000 Ordinary share premium 25,000 Retained Earnings 45,000 Compute the amount of issuance price for Preference Share?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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