ABC Corporation is a family corporation. The Securities and Exchange Commission (SEC) issued the Certificate of Registration on July 31, 2021.   The following appeared in ABC Corp.’s records:   Capital Stock – Php 1,000,000 Subscribed capital stock – Php 250,000 Paid-up capital – Php 125,000 The  DST due upon registration with BIR is? Group of answer choices Php 2,500 Php 10,000 Php 1,250 Php 0

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
Chapter15: Contributed Capital
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ABC Corporation is a family corporation. The Securities and Exchange Commission (SEC) issued the Certificate of Registration on July 31, 2021.

 

The following appeared in ABC Corp.’s records:

 

  • Capital Stock – Php 1,000,000
  • Subscribed capital stock – Php 250,000
  • Paid-up capital – Php 125,000

The  DST due upon registration with BIR is?

Group of answer choices
Php 2,500
Php 10,000
Php 1,250
Php 0
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