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- 4. It is that part of the subscribed share capital which has been paid to the corporation a. Paid-in share capital b. Issued share capital c. Subscribed share capital d. Authorized share capital e. Paid-up share capitalSubject: Financial Accounting and Reporting Required: Determine the followinga. Issue price of preference sharesb. Ordinary shares issuedc. Ordinary shares outstandingd. Issue price of ordinary sharese. Legal capital of the corporationf. Contributed capital of the corporationg. Total shareholders’ equityh. Cost per treasury share9. Preference shares has preference over ordinary shares relative to a) Dividends and voting rights b) Dividends and assets at liquidation c) Voting rights and assets at liquidation d) Dividends and maturity date 10. These are issued shares, which are in the hands of the shareholders a) Issued Share Capital b) Outstanding Share Capital c) Share Capital d) Authorized Share
- Explain the difference between authorized, issued, and outstanding shares.1. Under Application Guidance 36 of IAS 32, an entity’s own equity instruments also known as treasury shares shall be presented as Group of answer choices a. Financial asset b. Financial liability c. Deduction in the shareholder’s equity at par value or stated value d. Deduction in the shareholder’s equity at costWhat additional disclosures about preferred and common shares does the FASB require?
- The par value of ordinary share capital represents a. The amount received by the corporation when the share was originally issued. b. The book value of the share capital c. The liquidation value of the share capital d. The legal nominal value assigned to the share capital3. Authorized shares represent the a.number of shares that have been sold. b.number of shares that are currently held by shareholders. c.number of shares that have been repurchased by the corporation. d.maximum number of shares that can be issued.The authorised share capital of a limited company is the: A. amount of shares issued to shareholdersB. amount paid for shares by the shareholdersC. maximum amount of shares that can be issuedD. minimum amount of shares that can be issued
- Explain the following terms • Authorized Share Capital • Issued Share Capital Bonus SharesWhich of the following is entitled to dividends? a. Total shares issued b. Total shares issued, net of treasury shares c. Total outstanding liability d. Total authorized shares20.Which of the following items is not a sub-category of shareholders’ equity? a. Share capital b. Retained earnings c. Dividends payable d. Share premium