The following data were compiled prior to preparing the balance sheet of the Conviction Corporation as of December 31, 2015: Authorized common stock, P100 par value P4,000,000 Cash dividends payable 160,000 Donated capital 800,000 Gain on sale of treasury stock 80,000 Net unrealized loss on available for sale securities 96,000 Premium on capital stock 320,000 Premium on bonds payable 240,000 Reserve for bond sinking fund 400,000 Reserve for depreciation 600,000 Revaluation increment on property 800,000 Retained earnings unappropriated 720,000 Subscribe capital stock 480,000 Stock subscriptions receivables 120,000 Stock warrants outstanding 200,000 Treasury stock, at cost 144,000 Unissued common stock 800,000 Compute for the following: 1. Common Stock issued 2. Additional Paid in Capital 3. Appropriated Retained Earnings

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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.