enden Company was organized on January 1, 2020 at which date it issued 300,000 ordinary shares of P6 par value at P13 per share. The following are the additional equity transaction occurred during the year: Profit for the year amounts to P975,000 Declared and paid cash dividends amounts to P225,000 On January 10, 2020, the Company purchased 9,000 treasury shares at P12 per share. On December 31, 2020, the Company sold 4,500 treasury shares at P8 per share and retired the remaining treasury shares.

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A: The total equity balance on December 31,2020=Total Assets -total liabilities…

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A: Formula: Share capital = Number of shares issued x Issue price.

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A: In case of a company the shareholders are the owners of the company.

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A:

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.