1. At December 31, the Shareholders’ Equity section shows:   Ordinary Share, P 5 par, value 1,320,000 shares issued    P 6,600,000   Share Premium-Ordinary     P1,400,000   Retained Earnings                P  500,000   Treasury Shares, at cost, 120,000 shares       P 700,000 The book value per share of Ordinary Share is: a. P5.91 b. P6.44 c. P6.50 d. P7.08

Q: Prepare journal entries to record the transactions.

A: Treasury stock indicates the shares of the company bought back which in result decreases the…

Q: appeared as follows: The shareholders' equity section of Nazario Freight Express, Inc. as at Dec.…

A: S.NO REQUIREMENT  WORKING ANSWER 1. TOTAL ISSUE PRICE OF PREFERENCE SHARES 70,000 X 75…

Q: 43.At December 31, the Shareholders’ Equity section shows: Ordinary Share, P 5 par value, 1,320,000…

A: The book value per share is calculated as shareholders equity divided by outstanding ordinary…

Q: on December 31, 20X1, the Stockholders’ Equity section of Mercedes Corporation was as follows:…

A: The dividend is paid to shareholders from the retained earnings of the business.

Q: On 1 Januay 20X3 Bana plc had a balance on its share premium account of $118,000, and total issued…

A: Share premium: It implies to the amount that is received in excess of the par value of the shares on…

Q: A companys share capital consists of 3 million ordinary shares of RO 1 each, issued at a premium of…

A: Ordinary shares capital = No. of rdinary shares issued x Par value per share = 3,000,000 shares x RO…

Q: At December 31, the stockholders’ equity section shows: Ordinary share capital, P5 par value;…

A: Book value per share calculates the ratio between owner’s equity and no. of the outstanding shares…

Q: 1. At December 31, the shareholders' equity section shows: Ordinary share, P5 par value Additional…

A: Number of shareoutstanding=Value of ordinary sharesvalue per share-Total number of treasury…

Q: At December 31, the stockholders’ equity section shows: Ordinary share capital, P5 par value;…

A: Book value per share = Total shareholders’ equity / Ordinary shares outstanding

Q: 4. Assume instead that the 5,000 treasury shares were declared as share dividends.

A: A stock dividend is a dividend payment paid in the form of shares rather than cash and is a method…

Q: The shareholders' equity section of the statement of financial position of ABC Co. contair…

A: The journal is prepared to record the transactions on regular basis as debit and credit different…

Q: At December 31, the Shareholders’ Equity section shows: Ordinary Share, P 5 par, value 1,320,000…

A: Shareholders’ equity can be defined as the amount invested by the owner in the company. It includes…

Q: ECE Corporation had the following shareholder's accounts before the declaration of dividend.…

A: A dividend policy is a policy in which the company decides how much profits should be distributed to…

Q: The shareholders’ equity of Ceda Corporation is presented below: 10% Preference Share, 2,000 shares…

A: Issue price is the value of share at which the same has been issued by the entity.

Q: resented below are balances taken from the books of Zodiac Corporation: Ordinary Share Capital (P25…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: At December 31, the stockholders’ equity section shows: Ordinary share capital, P10 par value;…

A: At December 31, the Stockholders’ equity section shows:  Ordinary share capital, P10 par value…

Q: The accounts shown below pertain to P Company at December 31: Authorized Preference Share Capital,…

A: Authorised Stock: It is  the maximum number of shares that a corporation is authorized  to issue…

Q: The accounts shown below pertain to P Company at December 31:   Authorized Preference Share…

A: Many Thanks for the question Bartleby Guideline: “Since you have posted a question with multiple…

Q: The accounts shown below pertain to P Company at December 31: Authorized Preference Share Capital,…

A:

Q: 1.On December 31, 2012, the shareholders’ equity of Aganon Inc. was as follows: Ordinary Shares,…

A: A stock dividend seems to be a dividend payment given in the format of shares instead of cash, which…

Q: The Shareholders’ Equity section of ACCA Company on December 31 shows the following: Ordinary Share…

A: ''Since you have posted a question with multiple parts, we will solve the first three sub-parts for…

Q: The following shareholders' equity accounts are reported by Branch Inc on January 1: Common shares…

A: Contributed capital represents the excess capital remained by issuing the shares at the price above…

Q: 3. The Antik Corporation has issued both preference and ordinary shares. On January 1, 200D, the…

A: Preference share are issued by a company to raise fund. These shares carry the following two…

Q: GAMORA Corporation’s shareholders’ equity is composed of 10,000, ₱10 par ordinary shares, ₱40,000…

A: Any Amount above the Par Value will be Transferred to the Share Premium Account from the Accumulated…

Q: On January 1, 2021, the shareholders' equity section of Bamboo Corporation's statement o 12.5%…

A: Share premium account It is shown on the liabilities and shareholder’s equity section of the balance…

Q: At December 31, the stockholders’ equity section shows: Ordinary share capital, P5 par value;…

A: Shareholder is someone who contributes to the capital of a business.

Q: Ordinary Shares, P15, 20,000 shares authorized,       270,000.00 18,000 shares issued…

A: * As per Bartleby policy, if question contains multiple subparts then answer first three only.   1.…

Q: At the beginning of current year, Cash Company reported the following shareholders' equity: Share…

A: Retained earnings are that part of a total profit of a company that is retained after paying all…

Q: The total issued and outstanding of GRAPES Company ordinary shares at ₱10 par is 100,000 shares. All…

A: Book value = No. of ordinary shares x average price -  treasury shares

Q: 2 On April 1, 20x1, the board of directors of PEAL LOUD RINGING OF BELLS Co. declared P50 dividends…

A: Journal is the book of original entry in which all the financial transactions of the business are…

Q: 7. On Dec. 31, 2018, the shareholders' equity section of A. Pacis, Inc. was as follows: Ordinary…

A: As the 900 shares are issued at fair market value of P 160 per share for the 10% declared dividend,…

Q: A company issues 10,000 shares of $0.05 par value common stock for $25 per share. Which of the…

A: Definition: Common stock: Common stock is the instrument used by the company for raising funds from…

Q: 21 During the year, Gilbert company issued 4,000 shares with P100 par value in connection with a…

A: Share premium account balance is not to be used for distribution of dividend. Retained earnings…

Q: 1. Record the appropriation of Retained Earnings. 2. Prepare the shareholders’ equity section of…

A: 1.     Date Account Title and explanation Debit Credit 1 31 December 200A Retained Earning…

Q: . The total issued and outstanding of GRAPES Company ordinary shares at ₱10 par is 100,000 shares.…

A: solution given The total issued and outstanding of GRAPES Company ordinary shares at ₱10 par is…

Q: 5A. What is the number of ORDINARY shares outstanding? On December 31, 2021, the statement of…

A: 5A. Number of ORDINARY shares outstanding = No. of shares issued -tresaury shares = 85000 - 7500 =…

Q: APL Corporation's records included the following stockholders' equity accounts Preferred Shares, par…

A: The answer is as fallows

Q: At the current year end, Spurs Corporation declared 4,000 ordinary shares of P 100 par value in…

A: The company  pays dividend  from retained earnings

Q: book value

A: Amount of share capital = Number of shares issued * Average price Number of shares issued 100,000…

Q: 2. The shareholders' equity section of ABC Corporation as at Dec 31, 2021 appeared as follows: 6%…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: vable, P

A: (d) Ordinary share available for subscription Authorised Ordinary share capital 400000 Less:…

Q: At December 31, the stockholders’ equity section shows: Ordinary share capital, P5 par value;…

A: Book Value Per Share:- It is the ratio of a firm's common equity divided by its number of shares…

Q: The accounts shown below pertain to P Company at December 31:   Authorized Preference Share…

A: Common Stock Common stock is  part  of paid-in capital, which is the total amount received from…

Q: At the beginning of current year, Cash Company reported the following shareholders' equity: Share…

A: The unappropriated retained earnings are the net retained earnings that are available for the…

Q: How much will be the total shareholders' equity from the following: 6% Preference shares, P50 par,…

A: The shareholder's equity includes the share capital issued to shareholders and retained earnings…

Q: Prepare the Shareholders' Equity section of the Statement of Financial Position of New Era…

A: Shareholder's equity is the difference between the assets and liabilities of the company. In other…

Q: 6. How much is the EARNINGS PER SHARE, considering that the preference shares are cumulative and…

A: Number of PREFERENCE shares outstanding = No. of shares issued -tresaury shares = 20000 - 4000 =…

Q: 3. What is the total shareholders' equity at year-end? At the beginning of the current year, SCARLET…

A: Stock Split: Company splits  its stock into more shares under stock split Total value of shares…

Q: 50,000 Treasury Shares, Preference (1,000 shares at cost)                                  120,000

A: (a) Issued capital is the capital which is subscribed by the general public. In the given case…

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.