A company issued 100,000 Shares of OMR 1 each at OMR 1.50 each. After 5 years, company issued bonus shares of 1 for 5. The balance shown in share Capital and Share premium after bonus issue is

Q: A Company issued 20,000 shares of its ₱70 par value ordinary share capital and 8,000 of its ₱80 par…

A: Introduction: Additional paid in capital: Preference shares are issued at more than PAR value then…

Q: At 1 July 20X4 a limited liability company's capital structure was as follows: $ Share capital…

A: We have the following information: At 1 July 20X4, Share capital 1,000,000 shares of 50 cents each:…

Q: The issued share capital of a company consists of 840,000 ordinary shares of £1 each. Half way…

A: The calculation of Weighted average number of shares which will be used in the calculation of…

Q: f a company issues 10,000 shares of $2 par value common stock at a market price of $30 per share,…

A: Common stock: Common stock represents the share ownership of the public limited company. Holders of…

Q: The board of directors of KALEIDOSCOPE Corporation has declared cash dividends of P30,000 to its…

A: As posted multiple sub parts we are answering only first three sub parts kindly repost the…

Q: Spring Company is authorized to issue 500,000 shares of $2 par value common stock. In its fırst…

A: Journal Entries Date Particulars LF Debit ($) Credit ($) March 1 Cash / Bank (40,000 x 9.75)…

Q: Abs Company had 20,000 ordinary shares outstanding on January 1 of the current year. On May 1, the…

A: Earning per share: It implies to the earnings that is being received by the company's shareholders…

Q: A company issued 30 shares of $.50 par value common stock for $12,000. The credit to additional…

A: Introduction: Common stock: Company raises capital by issuing common stock to the public. Splitting…

Q: Alt Corp. issues 5,000 shares of $10 par value common stock at $14 per share. When the transaction…

A: We have the following information: Alt Corporation issued Common Stock Common Stock Shares: 5,000 ;…

Q: ABC Company issued 50,000 shares for P100 per share. Par value of the shares is P10. During the…

A: Treasury stock: Shares that are bought back by the company from the open market but not retired from…

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: A company issued 100,000 Shares of OMR 1 each at OMR 1.50 each. After 5 years, company issued right…

A: Existing shareholders receive bonus shares based on the company's profitability and reserves. Bonus…

Q: At 1 Jul 20X4 a company’s capital and share premium account of a company were as follows: Ordinary…

A: Company means the form of business where management is separately from owner and have perpetual…

Q: Helu Corporation was organized on January 1, with an authorization of 1,000,000 ordinary shares with…

A: Shares of the company can be issued at par value or value more than par value or less than par…

Q: On January 2, Year 1, Torres Corporation issued 17,000 shares of $12 par-value common stock for $18…

A: Issue of common stock more than par value: When a company issues common stock at a value more than…

Q: The shareholders' equity of HUE Corporation on December 31 of the current year is shown below.…

A: Company means the form of business where management is separately from owner and have perpetual…

Q: The annual report for Sneer Corporation disclosed that the company declared and paid preferred…

A: Answer 1) Account Titles and Explanation  Debit  Credit Dividends  $      1,20,000…

Q: Calculate the weighted average number of shares which will be used in the calculation of earnings…

A: Weighted average number of shares is the average of the shares which were outstanding during the…

Q: The statement of financial position of D & G Inc. showed P 30 par value 10% Preference share…

A: Legal Capital: Legal capital is the portion of a firm's stock that can't legally leave the company;…

Q: Spring Company is authorized to issue 500,000 shares of $1 par value common stock. In its first…

A: Treasury stock refers to a method used by the organization to repurchase the issued stock. It is…

Q: how much is the Legal Capital at the end of the year?

A: Legal capital refers to the amount of the corporation's equity that cannot be legally allowed to…

Q: Trans Union Corporation issued 5,000 shares for $50 per share in the current year, and it…

A:

Q: CFAS Corporation was organized on January 1, with an authorization of 1,000,000 ordinary shares with…

A: share premium account is created when there is the difference in the par value or face value of the…

Q: The annual report for Sneer Corporation disclosed that the company declared and paid…

A: 1.

Q: Lucky Corporation began the year with a simple capital structure consisting of 200,000 shares of…

A: Formula: Earnings per share = Net income / Weighted average number of equity shares

Q: The statement of financial position of D & G Inc. showed P 30 par value 10% Preference share…

A: There are two ways of financing through issuing shares : Equity financing and Preference…

Q: Hopeful Ltd. had issued​ 500,000 shares at a nominal value of 25p each when it commenced business.…

A: Answer: Correct option is A. Share capital £​187,500, and Share premium £​125,000.

Q: Elroy Corporation repurchased 4,000 shares of its own stock for $50 per share. The stock has a par…

A: Treasury Stock: It refers to the shares that are reacquired by the corporation that is already…

Q: Give the journal entries of the following: Received payments in full for half of the share…

A: The following transactions are journalized as per the information given.

Q: Helu Corporation was organized on January 1, with an authorization of 1,000,000 ordinary shares with…

A: Treasury stock: Shares which are bought back by the company from the open market but not retired…

Q: By what amount should the share premium account increase as a result of the transaction? Show your…

A: The organization can raise funds for the operation by issuing common stock, preferred stock for long…

Q: A year-end balance sheet includes the following information for Owners' Equity: Common stock…

A: Given that, common shares issued = 100000 shares Common stcok = $50000 Additional paid in capital =…

Q: BFAR Corp. was authorized to issue 200,000 ordinary shares with P50 par value. The company had the…

A: Number of outstanding shares are those shares which are issued and held by the investors. Shares…

Q: At the start of 20X5, Happy Corp. had 20,000 shares of $5 par common stock issued and outstanding.…

A: Treasury stock refers to a method used by the organization to repurchase the issued stock. It is…

Q: On January 1, 20X1, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000.…

A: Lets understand the basics. Treasury shares are shares which are purchased back by the company after…

Q: ABC Ltd is preparing its statement of changes in equity for the year ended 31 December 20X8. The…

A: Statement of changes in equity is a statement which shows all changes made in the equity balances…

Q: During the year, the following shares were sold at $5,000. 3,000 shares with a cost of $1 each.…

A: Calculation of additional Capital paid in      Share sold worth           = $5000   Less: Cost of…

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: A company’s share capital consists of 2,800,000 ordinary shares of 25 pence each. During its last…

A: Dividend yield is one of the ratio which is used for calculating and analysing how much dividends…

Q: At the beginning of the current year, Ace Company declared 10% stock dividend. The market price of…

A: The capital of the company can be raised by issuing the shares, bonds, debentures, etc., These are…

Q: Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31,…

A: They are the first step to record the financial transactions in the books of accounts that has dual…

Q: Simon Corporation is authorized to issue 4,000,000 shares of P4 par value ordinary shares. The…

A: Stockholders' equity= Equity share capital + retained earnings - treasury shares  Or  All assets -…

Q: Spring Company is authorized to issue 7500,000 shares of $2 par value common stock. In its first…

A: Journal entry is defined as the book of accounts which records or maintain the transactions of the…

Q: California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $35 per share.…

A: Meaning of Treasury stock Treasury stock means the shares which are repurchased by the company which…

Q: A company issued 10,000 shares at OMR 0.80, even though the face value of the share is OMR 1. Pass…

A: Total amount received on issuance of shares = No. of shares issued x issue price per share = 10000…

Q: A company issues 5% redeemable preference shares at their nominal value of RM10,000. The shares are…

A: As per IFRS 9, Financial instrument, the redeemable preference shares are the financial liability of…

Q: At the beginning of current year, Juan Company was organized with 100,000 authorized shares of P100…

A: Share capital These are the shares issued by a company to an outsider. These shares entitle a share…

Q: D. YOU Company has 40,000 shares of common stock outstanding that it originally issued for P30 per…

A: The financial ratio named dividend yield measures the cash dividends quantum which is paid to the…

Q: The Channing Company earmed $64,000 last year. The capital stock of the company consists of $500.000…

A: Dividend: It can be defined as the distribution of the net profits of the company to its…

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.