PRACTICE EXERCISES Write your answer legibly on the space provided before each question. А. The following accounts are found in the trial balance of Goodwill Trading Corporation at December 31, 2018: Authorized Ordinary Share, P50 par Subscription Receivable - collectible on Jan. 31, 2019 Unissued Ordinary Share Subscribed Ordinary Share Share Premium – Ordinary P2,000,000 200,000 800,000 400,000 300,000 1. What is the total number of shares issued? 2. What is the total number of shares available for subscription? 3. What is the total contributed capital?

PRACTICE EXERCISES Write your answer legibly on the space provided before each question. А. The following accounts are found in the trial balance of Goodwill Trading Corporation at December 31, 2018: Authorized Ordinary Share, P50 par Subscription Receivable - collectible on Jan. 31, 2019 Unissued Ordinary Share Subscribed Ordinary Share Share Premium – Ordinary P2,000,000 200,000 800,000 400,000 300,000 1. What is the total number of shares issued? 2. What is the total number of shares available for subscription? 3. What is the total contributed capital?

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

Section: Chapter Questions

Problem 17P

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