DEF Corporation currently have Ordinary Share Capital, P 20 par, 50,000 shares and replace it by issuing no-par share capital with a stated value of P 20. DEF also have balance of Ordinary Share Premium of P 250,000 and Retained Earnings of P 500,000. How much is the Total Shareholder's Equity after the replacement?
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- BFAR Corporation has the following information in its shareholders' equity: Ordinary Share Capital of P1,600,000 - P200 par value Share Premium, P400,000 Accumulated Profits of P900,000. ● A share dividend of 6% was declared when the share is selling at P500 per share. Compute the balance of Accumulated Profits after dividend declaration.DEF Corporation currently have Ordinary Share Capital, P 20 par, 50,000 shares and replace it by issuing no-par share capital with a stated value of P 20. DEF also have balance of Ordinary Share Premium of P 250,000 and Retained Earnings of P 500,000. How much is the Total Shareholder's Equity after the replacement? A. 500,000.00 B. 1,750,000.00 C. 1,250,000.00 D. 1,000,000.00(b) The owners' equity account for Rantuil Utilities Berhad are shown below: Common Share (RM2 par) Capital Surplus Retained earnings Total shareholder's equity RM30,000 RM285,000 RM648,100 RM963,100 If Rantuil Utilities Berhad currently sells for RM30 per share and a 10 percent share dividend is declared, i. Determine the number of new shares that will be distributed. ii. Reconstruct new owners' equity account for Rantuil Utilities Berhad.
- DEF Corporation currently have Ordinary Share Capital, P 20 par, 50,000 shares and replace it by issuing no-par share capital with a stated value of P 20. DEF also have balance of Ordinary Share Premium of P 250,000 and Retained Earnings of P 500,000. How much is the balance of the Ordinary Share Capital after the replacement?1. The owners' equity accounts for Investo Unlimited are shown here: Common stock ($.75 par value) Capital surplus Retained earnings Total owners' equity $50,000 $215,000 $642,700 $907,700 a. b. How many new shares will be distributed if the company's stock currently sells for $50 per share and a 15 percent stock dividend is declared? Show how the equity accounts would change. How would the accounts change if the company declared a 35 percent stock dividend?Please answer this problem and provide complete solution in good accounting form. Thank you! Victory Company issued 8,000 ordinary shares with P200 par value and 20,000 preference shares with P200 par value for a total consideration of P7,500,000. At the date of issue, the ordinary share was selling for P360 and the preference share was selling for P270. What is the share premium from the issuance of ordinary shares?
- The owners’ equity account for Rantuil Utilities Berhad are shown below: Common Share (RM2 par) - RM30,000Capital Surplus - RM285,000Retained earnings - RM648,100Total shareholder’s equity - RM963,100 If Rantuil Utilities Berhad currently sells for RM30 per share and a 10 percent share dividend is declared,i. Determine the number of new shares that will be distributed.ii. Reconstruct new owners’ equity account for Rantuil Utilities Berhad.A shareholder owns 20,000 shares costing P 1,000,000. Subsequently, the shareholders receive P 4,000 shares in lieu of cash dividend of P120 per share. The Market value is P 150.What is the amount of dividend income?a. Zerob. 3,000,000c. 2,400,000d. 600,000You are given the following information: ordinary shares, P80,000 (P80par); Share Premium-Ordinary, 200,000; and Retained Earnings, P400,000.Assuming only one class of share, the book value per share is? a.P280 b. P680 c. P80 d. P400
- The Corporation shareholders' equity section of the Statement of Financial Position includes the following accounts and balances: 12% Preference Share Capital, P100 par, 5,000 shares issued P500,000 Preference Share Premium 50,000 Retained earnings 750,000 The corporation decided to retire 2,000 of the Preference Shares at P115 per share. How much is the indicated gain or loss on retirement of the Preference Shares? Put a parenthesis if it is an indicated loss.A shareholder owns 20,000 shares costing P 1,000,000. Subsequently, the shareholders receive P 4,000 shares in lieu of cash dividend of P 120 per share. The Market value is P 150.What is the amount of dividend income? a. Zerob. 3,000,000c. 2,400,000d. 600,000The owners’ equity accounts for Vase Corporation are shown here: Common stock (€3 par value) Capital surplusRetained earningsTotal owners’ equity €900,000 1,200,000 2,600,000 4,700,000 Instructions: 1. If the company’s stock currently sells for €58 per share and a 15 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change. 2. Assume that instead of a stock dividend, the company declares a three-for-one stock split. How the equity accounts will change? How many shares are outstanding now? What is the new par value per share?
