Enibro Item No. 5 is based on the following information: 019nd no bsand 21 S..oW mail 16 Mario Corporation received subscriptions for 400 ordinary shares with a par value of P 20 per share. The subscription price was P 23 per share. 5. What would be the increase in the Subscribed Ordinary Share Capital and Ordinary Share Premium accounts, respectively, as a result of the foregoing Solb10 transaction? a. PO and P 1,200. b. PO and P 9,200. c. P 8,000 and P 1,200. 8,000,000, d. P 9,200 and P O.

Enibro Item No. 5 is based on the following information: 019nd no bsand 21 S..oW mail 16 Mario Corporation received subscriptions for 400 ordinary shares with a par value of P 20 per share. The subscription price was P 23 per share. 5. What would be the increase in the Subscribed Ordinary Share Capital and Ordinary Share Premium accounts, respectively, as a result of the foregoing Solb10 transaction? a. PO and P 1,200. b. PO and P 9,200. c. P 8,000 and P 1,200. 8,000,000, d. P 9,200 and P O.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 4MC: Effective May 1, the shareholders of Baltimore Corporation approved a 2-for-1 split of the companys...

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