2. The corporation has the following equity accounts on December 31,...
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Accounting
2. The corporation has the following equity accounts on December 31, 2019: Share Capital - Ordinary, P20 par Subscribed Ordinary Share Capital Subscription Receivable - Ordinary Share Dividend Distributable - Ordinary Share Premium - Ordinary Share Premium - Ordinary Treasury Share Share Premium - Ordinary Share Dividend Retained Earnings Treasury Share - Ordinary (P15/share) a. How much is contributed capital? b. How much is legal capital? C. How much is total reserves? d. How much is total shareholders' equity? e. How many shares are entitled to dividends? P 2,500,000 750,000 280,000 325,000 1,340,000 15,000 48,750 3,550,000 375,000
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