Saturday, 28 February 2015

Assignment 6: Akawnting

Share Capital

The Shareholders' Equity section of Masaya Corporation as of December 31, 2015 is presented below:


6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued                                                                                         P ?
Ordinary Shares, P5 stated value, 500,000 shares authorized,
    ______share issued and _____ shares outstanding                      500,000
Share Premium - Ordinary                                                                         600,000
Retained Earnings                                                                                      500,000
Total Shareholders' Equity                                                                           ?   
                                                                                                                   ========

Required:

  1. What is the total issue price (per share) of the preference shares?
  2. How many ordinary shares were issued?
  3. What is the amount of the minimum subscription?
  4. Compute the total legal capital of the corporation 

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71 comments:

  1. Luzviminda Urot28 February 2015 at 21:27

    SHAREHOLDERS' EQUITY
    6% Preference Shares, P75 par, 200,000 shares authorized,
    70,000 shares issued P5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 shares issued and 100,000 shares outstanding 500,000
    Share Premium-Ordinary 600,000
    Retained Earnings 500,000
    ______________
    Total Shareholders' Equity P6,850,000
    ============

    1. Total Issue Price (per share)= P75
    2. Issued Ordinary Shares= 100,000
    3. Minimum Subscription= P3,750,000(200,000xP75) + P625,000(500,000xP5)=P4,375,000
    4. Total Legal Capital= P5,250,000 + P500,000 + P600,000= P6,350,000

    ReplyDelete
  2. Crytal Tumamak28 February 2015 at 21:30

    SHAREHOLDERS' EQUITY
    6% Preference Shares, P75 par, 200 000 shares authorized,
    70 000 shares issued P5 250 000
    Ordinary Shares, P5 stated value, 500 000 shares authorized,
    100 000 shares issued and 100 000 shares outstanding 500 000
    Share Premium-Ordinary 600 000
    Retained Earnings 500 000
    ______________
    Total Shareholders' Equity P6 850 000
    ============

    1. Total Issue Price (per share)= P75
    2. Issued Ordinary Shares= 100 000
    3. Minimum Subscription= P3 750 000(200 000xP75) + P625 000 (500 000xP5)=P4 375 000
    4. Total Legal Capital= P5 250 000 + P500 000 + P600 000= P6 350 000

    ReplyDelete
  3. Unknown28 February 2015 at 21:31

    Share Holder's Equity
    Share Capital
    6% Preference Shares, P75 par, 200,000 shares authorized
    70,000 share issued P 5,250,000
    Ordinary Shares, P5, Stated Value, 500,000 shares authorized
    100,000 shares issued and 100,000 shares outstanding 500,000
    Share Premium-Ordinary 600,000
    Retained Earnings 500,000
    ----------------------
    Total Shareholders Equity P 6, 850,000
    ===========

    1.Total Issue Price: 75
    2. Issued Ordinary Shares: 100,000
    3. Minimum Subscription: 3,750,000(200,000 x 75) + 625,000 = 4,375,000
    4. Total Legal Capital: 6,350,000

    ReplyDelete
  4. Unknown28 February 2015 at 21:32

    Renz P. Morta BSA1A

    .....................................SHAREHOLDERS' EQUITY

    SHARE CAPITAL
    6% Preference Shares,P75 par, 200,000 shares authorized,
    70,000 shares issued.............................................................P5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 share outstanding....................500,000
    Share Premium - Ordinary...........................................................600,000
    Retained Earnings......................................................................500,000
    ...........................................................................................___________
    Total Shareholders' Equity......................................................P6,850,000
    ...........................................................................................=========

    1. Total issue price (per share) of the Preference Share= P75
    2. Issued Ordinary Shares= 100,000 Ordinary Shares
    3. Amount of minimum= P3,750,000 + 625,000 =P 4,375,000
    4. Total legal capital of the corporation = P6,350,000*

    *6,850,000 - 500,000= 6,350,000

    ReplyDelete
  5. Eclipse, Van Daryl B. BSA-1A28 February 2015 at 22:44

    1.) P75
    2.) 500,000/5=100,000
    3.) 200,000 x 75 x 25%= 3,750,000
    500,000 x 5 x 25%= 625,000
    3,750,000 + 625,000= 4,375,000
    4.) Preference Shares 5,250,000
    Ordinary Shares 500,000
    5,250,000 + 500,000= 5,750,000

    ReplyDelete
  6. Anonymous28 February 2015 at 23:08

    ABIGAEL D. DACDAC BSA-1B

    1.)What is the total issue price(per share) of the preference share?
    70,000 shares issued
    X ₱ 75 par
    5,250,000 total issued price

    2.)How many ordinary shares were issued?
    ₱ 500,000/₱ 5 = 100,000 ordinary shares were issued

    3.) What is the amount of the minimum subscription?
    500,000 authorized shares
    x ₱ 5 stated value
    ₱ 2,500,000
    X 25 %
    ₱ 625,000 minimum subscription

    4.)Compute the total legal capital of the corporation.
    5,250,000 + 500,000 = 5,750,000

    ReplyDelete
  7. Anonymous28 February 2015 at 23:31

    BSA-1B MARY DOLOR

    1 P 75/par - TOTAL ISSUE PRICE OF THE PREFERENCE SHARES


    2. 500,000 / 5 = 100,000 – ORDINARY SHARES ISSUED


    3. 200,000
    X 75
    15,000,000
    X 25%
    3,750,000
    + 625,000 ( 500,000 X 5 )
    4,375,000 - THE AMOUNT OF THE MINIMUM SUBSCRIPTION


    4. 70,000
    X 75
    5,250,000
    + 500,000
    5, 750,000 – THE TOTAL LEGAL CAPITAL OF THE CORPORATION

    ReplyDelete
  8. Anonymous28 February 2015 at 23:32

    BSA-1B BERTULFO GINA

    1 P 75/par - TOTAL ISSUE PRICE OF THE PREFERENCE SHARES


    2. 500,000 / 5 = 100,000 – ORDINARY SHARES ISSUED


    3. 200,000
    X 75
    15,000,000
    X 25%
    3,750,000
    + 625,000 ( 500,000 X 5 )
    4,375,000 - THE AMOUNT OF THE MINIMUM SUBSCRIPTION


    4. 70,000
    X 75
    5,250,000
    + 500,000
    5, 750,000 – THE TOTAL LEGAL CAPITAL OF THE CORPORATION

    ReplyDelete
  9. Rayñel Ed L. Dacuno1 March 2015 at 00:36

    Dacuno, Rayñel Ed L. BSA - 1A
    1. Shares Issued: 70,000
    Par Value :x 75
    --------------
    Preference Shares: 5,250,000
    ========

    2. 500,000
    Par Value: ÷ 5
    ----------------------
    Ordinary shares issued: 100,000
    =======

    3. Total Share Capital: 6,350,000
    x 25%
    ------------------
    Minimum Subscription: 1,587,500
    ========

    4.Total Share Capital: 6,350,000
    Retained Earnings: 500,000
    ------------------
    Total legal capital: 6,850,000
    ===========

    ReplyDelete
  10. Unknown1 March 2015 at 00:44

    MARCELO T. GREFIEL III BSA-1B

    1.) Total issued Shares 70,000
    Price per Share * P 75
    ------------------
    Total Issue Price-Preference P 5,250,000
    ==========

    2.) Total Issue Price-Ordinary P 500,000
    Price per Share / P 5
    --------------------
    Issued Shares-Ordinary 100,000
    ==========

    3.) Total Authorized Preference Shares 200,000
    Price per Share P 75
    ----------------
    Total Price-Preference P 15,000,000
    Total Authorized Ordinary Shares 500,000
    Price per Share P 5
    ----------------
    Total Price-Ordinary P 2,500,000
    ---------------------
    Total Authorized Capital P 17,500,000
    Minimum Subscription Percentage * 25%
    ---------------------
    Minimum Subscription P 4,375,000
    ===========

    4.) Issued preference Shares 70,000
    Price per Share * P 75
    ---------------------
    Total Issued Price-Preference P 5,250,000
    Total Issued Price-Ordinary P 500,000
    ---------------------
    Total Legal Capital P 5,750,000
    ===========

    ***Total Shareholder's Equity as of Dec. 31, 2015: P 6,850,000
    ===========

    ReplyDelete
  11. Unknown1 March 2015 at 04:55

    1.)P15,000,000
    2.)100,000
    3.)P4,375,000
    4.)P5,750,000

    ReplyDelete
  12. Anonymous1 March 2015 at 05:00

    Go Yvette BSA-1b
    Answers :
    Share Holder's Equity
    Share Capital
    6% Preference Shares, P75 par, 200,000 shares authorized
    70,000 share issued P 5,250,000
    Ordinary Shares, P5, Stated Value, 500,000 shares authorized
    100,000 shares issued and 100,000 shares outstanding 500,000
    Share Premium-Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders Equity P 6, 850,000


    1.Total Issue Price: 75
    2. Issued Ordinary Shares: 100,000
    3. Minimum Subscription: 3,750,000(200,000 x 75) + 625,000 = 4,375,000
    4. Total Legal Capital: 6,350,000

    ReplyDelete
  13. Unknown1 March 2015 at 05:12

    Shareholder’s Equity
    Shares Capital
    6% Preference shares, P75 par, 200,000 shares authorized 900,000
    70,000 shares issued
    Ordinary shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 400,000 outstanding 500,000
    Share Premium Ordinary 100,000 600,000
    Retained Earnings 500,000
    Total Shareholders’ Equity 2,000,000

    1. What is the total issue price (per share) of the preference shares?
    Preference shares = P75 par x 200,000
    Preference shares = P 15,000,000
    Total Issue Price = 6% Preference shares
    Total Issue Price = 6% (P15,000,000)
    Total Issue Price = P 900,0000
    Issue Price per Share = P 900,000 / 70,000
    Issue Price per Share = P 12.86

    2. How many ordinary shares were issued?
    Share Capital P 500,000
    Stated Value / P 5
    Shares issued 100,000

    3. What is the amount of the minimum subscription?
    Total Share Capital 1,400,000
    X 25%
    Total Subscription 350,000
    X 25%
    Minimum Subscription 87,500

    4. Compute the total legal capital of the corporation.

    Par value shares P 900,000
    No Par value shares P 600,000
    Legal Capital P1,500,000

    ReplyDelete
  14. Anonymous1 March 2015 at 05:57

    Guira Kesley
    Answers :
    Share Holder's Equity
    Share Capital
    6% Preference Shares, P75 par, 200,000 shares authorized
    70,000 share issued P 5,250,000
    Ordinary Shares, P5, Stated Value, 500,000 shares authorized
    100,000 shares issued and 100,000 shares outstanding 500,000
    Share Premium-Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders Equity P 6, 850,000


    1. Total Issue Price: 75
    2. Issued Ordinary Shares: 100,000
    3. Minimum Subscription: 3,750,000(200,000 x 75) + 625,000 = 4,375,000
    4. Total Legal Capital: 6,350,000

    ReplyDelete
  15. Unknown1 March 2015 at 20:37

    1.5,250,000
    2. 100,000 were issued
    3. 3,750,000 minimum subscription
    4. 6,350,000 total legal capital

    ReplyDelete
  16. Unknown1 March 2015 at 20:40

    1, 70000/75= 933.33
    2. 500000/5= 100000
    3.Preference- 200000*75= 15000000
    Ordinary- 500000*5= 2500000
    4. 5250000+500000+600000+500000= 6850000

    ReplyDelete
  17. Anonymous1 March 2015 at 20:47

    - Nicudemus Carlou D. Capellan BSA 1B

    1. 70000 shares issued / 75 par value = 933 per share
    ===
    2. 500000/5 = 100000 ordinary shares issued.
    ======
    3. Preference Share 15 000 000x.25 = 3 750 000
    =========
    Ordinary Shares 2 500 000x.25 = 625 000
    4. 75x70000= 5250000 preference shares + 500 000 ordinary shares + 600 000 share premium - ordinary + retained earnings 500 000= 6 850 000 total legal capital
    =========

    ReplyDelete
  18. Anonymous1 March 2015 at 22:18

    Locop, Jun Joshua O.

    1. 70 000*75= 5 250 000
    =========

    2. 500 000/5 = 100 000
    =======
    3. 15 000 000
    2 500 000
    -----------------
    17 500 000
    * 25%
    -----------------
    4 375 000
    =========


    4. 70 000*75= 5 250 000
    100 000*5 = 500 000
    ----------------
    5 750 000
    ========

    ReplyDelete
  19. Anonymous1 March 2015 at 23:01

    Reynanel Yu Argales BSA 1A

    6% Preference shares, P75 par, 200,000
    authorized, 70,000 shares issued P 5,250,000
    ordinary shares, P5 stated value, 500,000
    authorized, 100,000 issued and 100,000
    outstanding. P 500,000
    Share Premium - Ordinary 600,000
    retained Earnings 500,000
    __________
    Total Shareholder's Equity P 6,850,000
    ==========
    1. P 75
    2. 100,000
    3. 4,375,000
    4. 5,250,000+500,000+600,000= 6,350,000 legal capital
    =======

    ReplyDelete
  20. Unknown1 March 2015 at 23:10

    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued P5250000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100000 share issued and100000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity 6850000
    =======
    Required:

    What is the total issue price (per share) of the preference shares? ans. P75
    How many ordinary shares were issued? ans. 100000 shares
    What is the amount of the minimum subscription? ans. P3750000+625000=4375000
    Compute the total legal capital of the corporation ans. P6350000

    ReplyDelete
  21. Unknown1 March 2015 at 23:11

    ENDONG, MARK MILLAN N. BSA-1A

    Preference Shares- P 5 250 000
    (P75 x 70 000)

    Ordinary Share Issued-= 100 000
    (P500 000/ P5)

    Share Outstanding= 100 000

    Total Shareholders' Equity= P 6 850 000
    (5 250 000 + 500 000 + 600 000 + 500 000)

    Required:
    1. P75.00
    2. 100 000 (P500 000/P5)
    3. P4 375 000
    Sol'n: 200 000 x 75= 15 000 000 x 25%= 3 750 000
    500 000 x 5= 2 500 000 x 25%= 625 000
    3 750 000 x 625 000= P4 375 000
    =========

    4. P6 350 000
    (5 250 000+ 500 000+ 600 000)

    ReplyDelete
  22. Unknown1 March 2015 at 23:18

    1. P 70,000 x P75= P 5,250,000
    2. 500,000/ P5= 100,000
    3. Preference share= P 3,750,000
    Ordinary share= P 625,000
    4. P 5,250,000 + P 500,000= P 5,750,000

    ReplyDelete
  23. Anonymous1 March 2015 at 23:22

    1. P70, 000- shares issued x P75 par value= P5,250,000

    2. P500, 000- shares authorized / P5- stated value= 100,000

    3. Preference shares- 200,000 x P75= P15,000,000 x 25%= P3,750,000
    Ordinary shares- P500,000 x P5= P2,500,000 x 25%= P625,000

    4. P5,250,000 + 500,000= P5,750,000- TOTAL LEGAL CAPITAL

    -Aramina C. Albat (Mahusay)

    ReplyDelete
  24. Anonymous1 March 2015 at 23:32

    1. P 5,250,000
    2. 100,000 shares
    3. Preference share= P 3,750,000
    Ordinary share= P 625,000
    4. P 5,250,000 + P 500,000= P 5,750,000

    - Aaron Busa BSA 1-A

    ReplyDelete
  25. Unknown1 March 2015 at 23:46

    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity 6,850,000
    ========

    1. P75
    2. 100,000
    3. Preference 200,000 x 75 = 15,000,000 x 25% = 3,750,000
    Ordinary 500,000 x 5 = 2,500,000 x 25% = 625,000
    3,750,000 + 625,000 = 4,375,000
    4. 5,250,000 + 600,000 + 500,000 = 6,350,000

    ReplyDelete
  26. Unknown1 March 2015 at 23:47

    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity 6,850,000
    ========

    1. P75
    2. 100,000
    3. Preference 200,000 x 75 = 15,000,000 x 25% = 3,750,000
    Ordinary 500,000 x 5 = 2,500,000 x 25% = 625,000
    3,750,000 + 625,000 = 4,375,000
    4. 5,250,000 + 600,000 + 500,000 = 6,350,000

    ReplyDelete
  27. Anonymous1 March 2015 at 23:48

    Prisno, Iris L. BSA-1A
    1.P75
    2.P100 000
    3.P3 750 000 + P 625 000 = P 4 375 000
    4.P5 250 000 + P 500 000 + P 600 000 = P 6 350 000

    ReplyDelete
  28. Unknown1 March 2015 at 23:49

    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity 6,850,000
    ========

    1. P75
    2. 100,000
    3. Preference 200,000 x 75 = 15,000,000 x 25% = 3,750,000
    Ordinary 500,000 x 5 = 2,500,000 x 25% = 625,000
    3,750,000 + 625,000 = 4,375,000
    4. 5,250,000 + 600,000 + 500,000 = 6,350,000

    ReplyDelete
  29. Unknown1 March 2015 at 23:50

    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity 6,850,000
    ========

    1. P75
    2. 100,000
    3. Preference 200,000 x 75 = 15,000,000 x 25% = 3,750,000
    Ordinary 500,000 x 5 = 2,500,000 x 25% = 625,000
    3,750,000 + 625,000 = 4,375,000
    4. 5,250,000 + 600,000 + 500,000 = 6,350,000

    ReplyDelete
  30. Anonymous1 March 2015 at 23:52

    Janica De Veyra BSA-1B

    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity 6,850,000
    ========

    1. P75
    2. 100,000
    3. Preference 200,000 x 75 = 15,000,000 x 25% = 3,750,000
    Ordinary 500,000 x 5 = 2,500,000 x 25% = 625,000
    3,750,000 + 625,000 = 4,375,000
    4. 5,250,000 + 600,000 + 500,000 = 6,350,000

    ReplyDelete
  31. Anonymous1 March 2015 at 23:53

    Jefferson Gapate BSA-1B

    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity 6,850,000
    ========

    1. P75
    2. 100,000
    3. Preference 200,000 x 75 = 15,000,000 x 25% = 3,750,000
    Ordinary 500,000 x 5 = 2,500,000 x 25% = 625,000
    3,750,000 + 625,000 = 4,375,000
    4. 5,250,000 + 600,000 + 500,000 = 6,350,000

    ReplyDelete
  32. Unknown1 March 2015 at 23:58

    Shareholder's Equity

    Share Capital
    6% Preference Shares, P75 par, 200,000 shares authorized
    70,000 share issued P 5,250,000
    Ordinary Shares, P5, Stated Value, 500,000 shares authorized
    100,000 shares issued and 100,000 shares outstanding 500,000
    Share Premium-Ordinary 600,000
    Retained Earnings 500,000
    ----------------------
    Total Shareholders Equity P 6, 850,000
    ===========

    1.Total Issue Price: 75
    2. Issued Ordinry Shares: 100,000
    3. Minimum Subscription: 3,750,000(200,000 x 75) + 625,000 = 4,375,000
    4. Total Legal Capital: 6,350,000

    ReplyDelete
  33. LENDIO2 March 2015 at 00:17

    LENDIO

    1.Total issue price (per share) of the preference shares P75 .
    2.Ordinary share were issued
    500,000/P5= P100,000
    3.minimum subscription
    200,000xP75=15,000,000
    X 25%
    3,750,000
    500,000xP5=2,500,000
    6,250,000
    4.total legal capital of the corporation
    P75x70,000=5,250,000
    500,000
    600,000
    6,350,000

    ReplyDelete
  34. Labanes2 March 2015 at 00:32

    LABANES,MARY ROSE

    1.Total issue price (per share) of the preference shares P75 .
    2.Ordinary share were issued
    500,000/P5= P100,000
    3.minimum subscription
    200,000xP75=15,000,000
    X 25%
    3,750,000
    500,000xP5=2,500,000
    6,250,000
    4.total legal capital of the corporation
    P75x70,000=5,250,000
    500,000
    600,000
    6,350,000

    ReplyDelete
  35. ADONIS2 March 2015 at 00:32

    ADONIS,DEMELYN T.

    1.Total issue price (per share) of the preference shares P75 .
    2.Ordinary share were issued
    500,000/P5= P100,000
    3.minimum subscription
    200,000xP75=15,000,000
    X 25%
    3,750,000
    500,000xP5=2,500,000
    6,250,000
    4.total legal capital of the corporation
    P75x70,000=5,250,000
    500,000
    600,000
    6,350,000

    ReplyDelete
  36. SILVA2 March 2015 at 00:33

    SILVA,NIKKO

    1.Total issue price (per share) of the preference shares P75 .
    2.Ordinary share were issued
    500,000/P5= P100,000
    3.minimum subscription
    200,000xP75=15,000,000
    X 25%
    3,750,000
    500,000xP5=2,500,000
    6,250,000
    4.total legal capital of the corporation
    P75x70,000=5,250,000
    500,000
    600,000
    6,350,000

    ReplyDelete
  37. FLORENCIO2 March 2015 at 00:34

    FLORENCIO

    1.Total issue price (per share) of the preference shares P75 .
    2.Ordinary share were issued
    500,000/P5= P100,000
    3.minimum subscription
    200,000xP75=15,000,000
    X 25%
    3,750,000
    500,000xP5=2,500,000
    6,250,000
    4.total legal capital of the corporation
    P75x70,000=5,250,000
    500,000
    600,000
    6,350,000

    ReplyDelete
  38. FLORENCIO2 March 2015 at 00:36

    FLORENCIO

    1.Total issue price (per share) of the preference shares P75 .
    2.Ordinary share were issued
    500,000/P5= P100,000
    3.minimum subscription
    200,000xP75=15,000,000
    X 25%
    3,750,000
    500,000xP5=2,500,000
    6,250,000
    4.total legal capital of the corporation
    P75x70,000=5,250,000
    500,000
    600,000
    6,350,000

    ReplyDelete
  39. Anonymous2 March 2015 at 00:42

    Padaon, Allyzon O. BSA-1B

    Masaya Corporation
    Shareholders’ Equity Section
    As of December 31, 2015

    Share Capital
    6% Preference Shares, P75 par, 200,000 shares authorized,
    70,000 shares issued P5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding
    P500,000
    Share Premium- Ordinary
    600,000 1,100,000
    Total Share Capital P6,350,000
    Retained Earnings 500,000
    Total Shareholders’ Equity P6,850,000
    ========

    Required:
    1. 75 per share
    2. 500,000 / 5 = 100,000
    3. [(200,000 x 75) x 25%] + [(500,000 x 5) x 25%] = P4,375,000
    4. 5,250,000 + 1,100,000 = 6,350,000

    ReplyDelete
  40. Anonymous2 March 2015 at 00:43

    Turla, Mark Jay L. BSA-1A

    Masaya Corporation
    Shareholders’ Equity Section
    As of December 31, 2015

    Share Capital
    6% Preference Shares, P75 par, 200,000 shares authorized,
    70,000 shares issued P5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000 share issued and 100,000 shares outstanding
    P500,000
    Share Premium- Ordinary
    600,000 1,100,000
    Total Share Capital P6,350,000
    Retained Earnings 500,000
    Total Shareholders’ Equity P6,850,000
    ========

    Required:
    1. 75 per share
    2. 500,000 / 5 = 100,000
    3. [(200,000 x 75) x 25%] + [(500,000 x 5) x 25%] = P4,375,000
    4. 5,250,000 + 1,100,000 = 6,350,000

    ReplyDelete
  41. Anonymous2 March 2015 at 00:54

    MARAYA, LIZETTE B. BSA-1A
    1. share issued 70,000
    par value x 75
    5,250,000 total issue price
    =======

    2. share authorized 500 000
    stated value / 5
    100 000 ordinary shares issued
    ======
    3. preference shares 200,000 x P.75 par value = 15,000,000
    ordinary shares 500,000 x P.5 stated value = 2,500,000
    total authorized shares 17,500,000
    x 25%
    4,375,000 minimum subscription
    =======
    4. preference shares 5,250,000
    ordinary shares 500,000
    5,750,000 total legal capital
    =======

    ReplyDelete
  42. Unknown2 March 2015 at 01:11

    Arce, Zhahana Mae
    1.75 x 70,000= 5,250,000
    2. 500,000 / 5 = 100,000
    3. 6,850,000 x 25% = 1,712,500
    4.5,250,000 + 500,000= 5,750,000

    ReplyDelete
  43. CLARISSA VALERIO BSA 1A2 March 2015 at 01:22

    VALERIO, CLARISSA S. BSA-1A
    1.
    Shares issued: 70,000
    Multiply by par value 75
    Total issue price 5,250,000
    Divide share issued 70,000
    Total issue price per share : 75

    2.
    Authorized shares: 500,000
    Divide by stated value 5
    Ordinary shares issued: 100,000

    3.
    Preference share:
    Preference share capital: 200,000x 75= 15,000,000
    Minimum subscription: 15,000,000 x 25%= 3,750,000

    Ordinary share:
    Ordinary share capital: 500,000 x 5= 2,500,000
    Minimum subscription: 2,500,000 x 25%= 625,000


    Preference shares: 3,750,000
    Add: Ordinary shares: 625,000
    Minimum subscription: 4,375,000

    4.
    Preference shares: legal capital 5,250,000
    Add: ordinary shares: legal capital 1,100,000
    Total legal capital: 6,350,000



    ReplyDelete
  44. CLARISSA VALERIO BSA 1A2 March 2015 at 01:22

    VALERIO, CLARISSA S. BSA-1A
    1.
    Shares issued: 70,000
    Multiply by par value 75
    Total issue price 5,250,000
    Divide share issued 70,000
    Total issue price per share : 75

    2.
    Authorized shares: 500,000
    Divide by stated value 5
    Ordinary shares issued: 100,000

    3.
    Preference share:
    Preference share capital: 200,000x 75= 15,000,000
    Minimum subscription: 15,000,000 x 25%= 3,750,000

    Ordinary share:
    Ordinary share capital: 500,000 x 5= 2,500,000
    Minimum subscription: 2,500,000 x 25%= 625,000


    Preference shares: 3,750,000
    Add: Ordinary shares: 625,000
    Minimum subscription: 4,375,000

    4.
    Preference shares: legal capital 5,250,000
    Add: ordinary shares: legal capital 1,100,000
    Total legal capital: 6,350,000



    ReplyDelete
  45. Anonymous2 March 2015 at 01:49

    ARTECHE, RACHELLE NIñA V.
    BSA - IB

    Page 1 of 2

    Masaya Corporation
    Shareholder's Equity Section
    As of December 31, 2015

    6% Preference Shares, P 75 par, 200,000 shares
    authorized, 70,000 shares issued P 5, 250,000
    Ordinary Shares, P 5 stated value, 500,000 shares
    authorized, 100,000 shares issued and 100,000
    shares outstanding 500,000
    Share Premium - Ordinary 600,000
    ---------------------
    Total Share Capital P 6, 350,000
    Retained Earnings 500,000
    ---------------------
    Total Shareholder's Capital P 6, 850,000
    ===========

    ReplyDelete
  46. Anonymous2 March 2015 at 01:51

    ARTECHE, RACHELLE NIñA V.
    BSA - IB

    Page 2 of 2

    Required:
    1.) Shares Issued 70,000
    Par x 75
    ----------------
    Total Issue
    Price 5, 250,000
    ========

    2.) Authorized Shares 500,000/5
    Ordinary Shares
    Issued = 100,000
    ========

    3.) Authorized Preference Shares 200,000 x 75 = 15,000,000
    Authorized Ordinary Shares 500,000 x 5 = 2,500,000
    -----------------
    17,500,000
    x 25%
    -----------------
    Minimum Subscription 4,375,000
    ========

    4.) Preference Shares Issued 70,000 x 75 = 5,250,000
    Ordinary Shares Issued 100,000 x 5 = 500,000
    -----------------
    Total Legal Capital 5,750,000
    =========

    ReplyDelete
  47. Anonymous2 March 2015 at 01:52

    BASILAN, ANGIELYN I.
    BSA - IB

    Page 1 of 2

    Masaya Corporation
    Shareholder's Equity Section
    As of December 31, 2015

    6% Preference Shares, P 75 par, 200,000 shares
    authorized, 70,000 shares issued P 5, 250,000
    Ordinary Shares, P 5 stated value, 500,000 shares
    authorized, 100,000 shares issued and 100,000
    shares outstanding 500,000
    Share Premium - Ordinary 600,000
    ---------------------
    Total Share Capital P 6, 350,000
    Retained Earnings 500,000
    ---------------------
    Total Shareholder's Capital P 6, 850,000
    ===========

    ReplyDelete
  48. Anonymous2 March 2015 at 01:52

    BASILAN, ANGIELYN I.
    BSA - IB

    Page 2 of 2

    Required:
    1.) Shares Issued 70,000
    Par x 75
    ----------------
    Total Issue
    Price 5, 250,000
    ========

    2.) Authorized Shares 500,000/5
    Ordinary Shares
    Issued = 100,000
    ========

    3.) Authorized Preference Shares 200,000 x 75 = 15,000,000
    Authorized Ordinary Shares 500,000 x 5 = 2,500,000
    -----------------
    17,500,000
    x 25%
    -----------------
    Minimum Subscription 4,375,000
    ========

    4.) Preference Shares Issued 70,000 x 75 = 5,250,000
    Ordinary Shares Issued 100,000 x 5 = 500,000
    -----------------
    Total Legal Capital 5,750,000
    =========

    ReplyDelete
  49. Anonymous2 March 2015 at 01:53

    1. 5250000
    2. 100000
    3. Preference Shares -
    700000x75= 15000000
    Ordinary Shares
    500000x5= 2500000
    4. Preference Shares
    5250000
    Ordinary Shares
    500000

    MARCON, MAE A.

    ReplyDelete
  50. Anonymous2 March 2015 at 01:53

    SALVATIERRA, AIGIE GRACE M. BSA IB (Page 1 of 2)


    Masaya Corporation
    Shareholder's Equity Section
    As of December 31, 2015

    6% Preference Shares, P 75 par, 200,000 shares
    authorized, 70,000 shares issued P 5, 250,000
    Ordinary Shares, P 5 stated value, 500,000 shares
    authorized, 100,000 shares issued and 100,000
    shares outstanding 500,000
    Share Premium - Ordinary 600,000
    ---------------------
    Total Share Capital P 6, 350,000
    Retained Earnings 500,000
    ---------------------
    Total Shareholder's Capital P 6, 850,000
    ===========

    ReplyDelete
  51. Anonymous2 March 2015 at 01:54

    SALVATIERRA, AIGIE GRACE M. BSA - IB (Page 2 of 2)

    Required:
    1.) Shares Issued 70,000
    Par x 75
    ----------------
    Total Issue
    Price 5, 250,000
    ========

    2.) Authorized Shares 500,000/5
    Ordinary Shares
    Issued = 100,000
    ========

    3.) Authorized Preference Shares 200,000 x 75 = 15,000,000
    Authorized Ordinary Shares 500,000 x 5 = 2,500,000
    -----------------
    17,500,000
    x 25%
    -----------------
    Minimum Subscription 4,375,000
    ========

    4.) Preference Shares Issued 70,000 x 75 = 5,250,000
    Ordinary Shares Issued 100,000 x 5 = 500,000
    -----------------
    Total Legal Capital 5,750,000
    =========

    ReplyDelete
  52. Anonymous2 March 2015 at 01:55

    BANDILLA, PEACHY M. BSA - IA
    PAGE 1 OF 2

    Masaya Corporation
    Shareholder's Equity Section
    As of December 31, 2015

    6% Preference Shares, P 75 par, 200,000 shares
    authorized, 70,000 shares issued P 5, 250,000
    Ordinary Shares, P 5 stated value, 500,000 shares
    authorized, 100,000 shares issued and 100,000
    shares outstanding 500,000
    Share Premium - Ordinary 600,000
    ---------------------
    Total Share Capital P 6, 350,000
    Retained Earnings 500,000
    ---------------------
    Total Shareholder's Capital P 6, 850,000
    ===========

    ReplyDelete
  53. Anonymous2 March 2015 at 01:56

    BANDILLA, PEACHY M. BSA - IA
    PAGE 2 OF 2

    Required:
    1.) Shares Issued 70,000
    Par x 75
    ----------------
    Total Issue
    Price 5, 250,000
    ========

    2.) Authorized Shares 500,000/5
    Ordinary Shares
    Issued = 100,000
    ========

    3.) Authorized Preference Shares 200,000 x 75 = 15,000,000
    Authorized Ordinary Shares 500,000 x 5 = 2,500,000
    -----------------
    17,500,000
    x 25%
    -----------------
    Minimum Subscription 4,375,000
    ========

    4.) Preference Shares Issued 70,000 x 75 = 5,250,000
    Ordinary Shares Issued 100,000 x 5 = 500,000
    -----------------
    Total Legal Capital 5,750,000
    =========

    ReplyDelete
  54. Anonymous2 March 2015 at 02:04

    Añora, Karl Joshua C. BSA-1A

    1) P75 x 70,000 = P5,250,000
    =========
    2) 500,000 / 5 = 100,000 shares
    ======
    3) [(75 x 200,00) + (5 x 500,000)] x 25% = P4,375,000
    =========
    4) 5,250,000 + 500,000 + 600,000 = P6,250,000
    =========

    ReplyDelete
  55. Anonymous2 March 2015 at 02:06

    LAGONOY, LORIE LYN C. BSA-1B

    Masaya Corporation
    Shareholder’s Equity Section
    As of December 31, 2015


    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued P 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    --------------------
    Total Shareholders' Equity P6,850,000
    ==========


    1. Preference Shares:
    P 75x 70,000= P 5,250,000
    ==========
    2. Ordinary Shares:
    500,000/5= P 100,000
    =========
    3. Minimum Subscription:
    Preference Share- P75x 200,000= P15,000,000
    Ordinary Shares- P5x 500,000= 2,500,000
    ------------------
    P 17,500,000x 25%= P4,375,000
    ==========
    4. Legal Capital:
    Preference Shares- P75x 70,000= P5,250,000
    Ordinary Shares- P5x 100,000= 500,000
    ---------------
    P5,750,000
    ==========

    ReplyDelete
  56. Anonymous2 March 2015 at 02:07

    Mary Mae Cesora
    BSA-1B

    Masaya Corporation
    Shareholder’s Equity Section
    As of December 31, 2015


    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued P 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100 share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    --------------------
    Total Shareholders' Equity P6,850,000
    ==========


    1. Preference Shares:
    P 75x 70,000= P 5,250,000
    ==========
    2. Ordinary Shares:
    500,000/5= P 100,000
    =========
    3. Minimum Subscription:
    Preference Share- P75x 200,000= P15,000,000
    Ordinary Shares- P5x 500,000= 2,500,000
    ------------------
    P 17,500,000x 25%= P4,375,000
    ==========
    4. Legal Capital:
    Preference Shares- P75x 70,000= P5,250,000
    Ordinary Shares- P5x 100,000= 500,000
    ---------------
    P5,750,000
    ==========

    ReplyDelete
  57. Unknown2 March 2015 at 02:10


    1. P 75 x 70 000 = P 5 250 000
    =========
    2. 500 000 / 5 = 100 000 shares
    ======
    3. [(75 x 200 000) + (5 x 500 000)] x 25% = P 4 375 000
    =========
    4. 5 250 000 + 500 000 + 600 000 = P 6 250 000
    =========

    Camarines,Sheryl T. BSA 1A

    ReplyDelete
  58. Romell Belano2 March 2015 at 02:23

    1.75

    2.500,000/5= 100,000--->Ordinary Shares Issued

    3.200,000 x 75=15,000,000 x 25%=3,750,000 Preference
    500,000 x 5 = 2,500,000 x 25% =625,000 Ordinary
    3,750,000 + 625,000= 4,375,000--> minimum subscription

    4.75 x 70,000=5,250,000 Preference
    5 x 100,000=500,000 Ordinary
    600,000 Share Premium
    6,350,000-->total legal capital




    ----->Romell Belano BSA 1B

    ReplyDelete
  59. Anonymous2 March 2015 at 02:38

    1. 5250000/70000= 75 issue price per share of the preference shares
    2. 500000/5= 100000 ordinary shares issued
    3. (75* 200000)+(5* 500000)= 1750000* 25%= 4375000 amount of minimum subscrption
    4. 5250000+500000+600000= 6350000 legal capital of the corporation

    ReplyDelete
  60. JACQUELINE P. TADO2 March 2015 at 02:53

    JACQUELINE P. TADO BSA-IA

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  61. solano, arlito2 March 2015 at 02:55

    Arlito Solano

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  62. carlo maglinte2 March 2015 at 02:56

    carlo maglinte

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  63. regine zabala2 March 2015 at 02:57

    regine zabala

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  64. merilyn hermocila2 March 2015 at 02:58

    merilyn hermocila

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  65. angela ramos2 March 2015 at 03:00

    angela ramos

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  66. yvete boreres2 March 2015 at 03:01

    yvete boreres

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  67. arine gata2 March 2015 at 03:03

    ariane gata

    1.) P75
    2.) 500,000/P5=P100,000
    3.) P75*200,000=P15,000,000
    P5*500,000 =P5,500,000
    P17,500,000
    *
    25%
    P4,375,000
    4.) P5,250,000+P500,000+P600,000=P6,350,000

    ReplyDelete
  68. Unknown2 March 2015 at 03:23


    1.) P75

    2.) P500,000 / 5 = P100,000

    3.) minimum subscription = (P200,000 x 75 x 25%) + (P500,000 x 5 x 25%) = P3,750,000 + P625,000 = P4,375,000

    4.) P5,250,000 + 500,000 + 600,000 = P6,350,000

    ReplyDelete
  69. Anonymous2 March 2015 at 04:40

    Caunte, Jaymar M. BSA -1A


    6% Preference Shares, P 75 par, 200,000 shares authorized,
    70,000 shares issued P 5,250,000
    Ordinary Shares, P5 stated value, 500,000 shares authorized,
    100,000share issued and 100,000 shares outstanding 500,000
    Share Premium - Ordinary 600,000
    Retained Earnings 500,000
    Total Shareholders' Equity P 6,850,000


    1. P 75 per share
    2. 500,000 / 5 = 100,000
    3
    75,000 x 200,000 = 15,000,000
    5 x 500,000 = 2,500,000
    17,500,000
    X 25%
    Minimum Subscription 4,375,000

    4.
    5,250,000
    500,000
    600,000
    6,350,000 – Total Legal Capital




    ReplyDelete
  70. Kristy Anne Avila 1b3 March 2015 at 23:32

    1 P 75/par - TOTAL ISSUE PRICE OF THE PREFERENCE SHARES


    2. 500,000 / 5 = 100,000 – ORDINARY SHARES ISSUED


    3. 200,000
    X 75
    15,000,000
    X 25%
    3,750,000
    + 625,000 ( 500,000 X 5 )
    4,375,000 - THE AMOUNT OF THE MINIMUM SUBSCRIPTION


    4. 70,000
    X 75
    5,250,000
    + 500,000
    5, 750,000 – THE TOTAL LEGAL CAPITAL OF THE CORPORATION

    ReplyDelete

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