Monday, 2 March 2015

Assignment 8: Akawnting

Treasury Shares

On January 1, 2015 Malcolm Corporation had the following balances in its shareholders' equity section:

Ordinary shares, P 20 par                       P 600,000
Share Premium - Ordinary                      1,400,000
Retained Earnings                                   2,000,000

On April 13, 2015 the corporation purchased 5,000 shares from its own ordinary shares at P 18 per share.  On May 5, 2015 it sold 3,000 shares of the treasury shares at P P 22 per share.  On July 20, 2015, it sold 2,000 shares at P 17.50 per share.

Required:

  1. Prepare the Entries to record treasury transactions
  2. Prepare the Stockholders' Equity Section as of April 13, 2015 after the purchase of treasury shares. 
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73 comments:

  1. Anonymous3 March 2015 at 03:42

    Locop, Jun Joshua O.

    April 13 Treasury Stock 90 000
    Cash 90 000
    To record acquisition of
    treasury stock

    May 5 Cash 66 000
    Treasury stock 54 000
    share Premium- treasury 12 000
    To record reissuance
    of treasury stock

    July 20 Cash 35 000
    Share Premium- Treasury 1 000
    Treasury Stock 36 000
    To record reissuance
    at below cost






    Malcolm Corporation
    Shareholder's Equity Section
    April 13, 2015



    Ordinary share, P10 par 600 000
    Share Premium- Ordinary 1 400 000
    Share Premium-Treasury 11 000
    --------------------
    Total Share Capital 2 011 000

    Retained Earnings 2 000 000
    ------------------
    Total 4 011 000

    Less:Treasury Stock 54 000
    -----------------
    Total Shareholder's Equity 3 957 000
    =========

    ReplyDelete
  2. Rayñel Ed L. Dacuno3 March 2015 at 04:01

    Dacuno, Rayñel Ed L. BSA-1A
    1. Apr. 13 Treasury Stock 90,000
    Cash 90,000
    To record acquisition of treasury shares.

    May 5 Cash 66,000
    Treasury Stock 60,000
    Share Premium-Treasury 6,000
    To record reissue of treasury shares.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stock 40,000
    To record reissue of treasury shares.

    2. Malcolm Corporation
    Shareholder's Equity Section
    April 13, 2015

    Ordinary Shares, P20 par P 500,000
    Shares Premium-Ordinary 1,400,000
    -----------------
    Total Share Capital P 1,900,000
    Retained Earnings 2,000,000
    -------------------
    Total P 3,900,000
    Less: Treasury Stock 90,000
    --------------------
    Total Shareholder's Equity P 3,810,000
    ===========

    ReplyDelete
  3. Rayñel Ed L. Dacuno3 March 2015 at 04:01

    Dacuno, Rayñel Ed L. BSA-1A
    1. Apr. 13 Treasury Stock 90,000
    Cash 90,000
    To record acquisition of treasury shares.

    May 5 Cash 66,000
    Treasury Stock 60,000
    Share Premium-Treasury 6,000
    To record reissue of treasury shares.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stock 40,000
    To record reissue of treasury shares.

    2. Malcolm Corporation
    Shareholder's Equity Section
    April 13, 2015

    Ordinary Shares, P20 par P 500,000
    Shares Premium-Ordinary 1,400,000
    -----------------
    Total Share Capital P 1,900,000
    Retained Earnings 2,000,000
    -------------------
    Total P 3,900,000
    Less: Treasury Stock 90,000
    --------------------
    Total Shareholder's Equity P 3,810,000
    ===========

    ReplyDelete
  4. Anonymous3 March 2015 at 04:03

    Go Yvette
    Mar.5 treasury stock 66 000
    Cash 66 000
    To record acquisition of treasury stock.
    July 20 treasury stock 35 000
    Cash 35 000
    To record acquisition of treasury stock.

    Malcolm Corporation
    Shareholder’s Equity Section
    April 13, 2015
    Share capital
    Ordinary shares, P20 par, 35 000 authorized share,
    30 000 issued share & outstanding 600 000
    Share premium 1 400 000
    Total share capital 2 000 000
    Retained earnings 2 000 000
    Total share capital & retained earnings 4 000 000
    Less: treasury stock 101 000
    Total shareholder’s equity 3 899 000

    ReplyDelete
  5. Anonymous3 March 2015 at 16:42

    April 13 Treasury Stock 90000
    Cash 90000
    To record acquisition of treasury stock

    May 5 Cash 66000
    Treasury Stock 54000
    Share Premium- Treasury 12000
    To record reissue of treasury shares

    July 20 Cash 35000
    Share Premium- Treasury 1000
    Treasury Stock 36000
    To record reissue of treasury shares


    Malcolm Corporation
    April 13, 2015
    Shareholder's Equity Section

    Share Capital
    Ordinary Shares, P20 par, 35000 shares issued,
    30000 shares outstanding P600000
    Share Premium- Ordinary 1400000
    Total Share Capital 2000000
    Retained Earnings 2000000
    Total 4000000
    Less: Treasury Stock 90000
    Total Shareholder's Equity 3910000
    =======
    Aaron John Añora BSA- 1B

    ReplyDelete
  6. Unknown3 March 2015 at 21:22

    MARCELO T. GREFIEL III BSA 1B

    Entries:
    2015
    Apr 13 Treasury Stock 90,000
    Cash 90,000
    To record purchase of its own
    ordinary shares of 5,000 shares.

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000
    To record sale of 3,000 treasury
    shares.

    Jul 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record sale of 2,000 treasury
    shares.


    Malcoln Corporation
    Shareholder's Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Shares,P20 P 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12,000
    ------------------------
    Total Share Capital 2,012,000
    Retained Earnings P 2,000,000
    Less: Retained Earnings-Treasury 1,000
    ----------------------
    Total retained Earnings 1,999,000
    -----------------------
    Total Share Capital & retained Earnings 4,011,000
    Less: Treasury Stock 90,000
    -------------------------
    Total Shareholder's Equity P 3,921,000
    ============

    ReplyDelete
  7. Unknown3 March 2015 at 21:41


    April 13. Cash 90,000.00
    Treasury Stocks 90,000.00

    May 5. Cash 66,000.00
    Treasury Stocks 54,000.00
    Share Premium-Ordinary 12,000.00

    July 20. Cash 35,000.00
    Retained Earnings 1,000.00
    Treasury Stocks 36,000.00



    Akawnting Company
    Stockholder's Equity
    4/13/2015

    Ordinary Shares , P 20 par 600,000.00
    Share Premium Ordinary 1,412,000.00
    Total Share Capital 2,012,000.00
    Retained Earnings 2,001,000.00
    Less: Treasury Stocks (180,000.00)
    Total Shareholder's Equity 3,833,000.00

    ReplyDelete
  8. Anonymous3 March 2015 at 22:01

    LAGONOY, LORIE LYN C. BSA-1B

    1. Apr. 13 Treasury Stock 90,000
    ----Cash 90,000
    To record the acquisition of treasury stock.

    May 5 Cash 66,000
    ----Treasury Stock 54,000
    ----Share Premium- Treasury 12,000
    To record the selling of 3,000 shares of the treasury shares.
    July 20 Cash 35,000
    Retained Earnings 1,000
    ----Treasury Stock 36,000
    To record the acquisition of treasury stock.


    2.
    Malcolm Corporation
    Shareholder’s Equity Section
    As of April 13, 2015

    Ordinary Shares P 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium- Treasury 12,000
    --------------
    Total Share Capital P 2,012,000
    Retained Earnings P 2,000,000
    Less: Retained Earnings ( 1,000) 1,999,000
    ------------------------------------
    Total P 4,011,000
    Less: Treasury Stock ( 90,000)
    ---------------
    Total Shareholders’ Equity P 3,921,000
    =========

    ReplyDelete
  9. Anonymous3 March 2015 at 22:06

    Apr. 13 Cash 90000
    treasury stocks 90000

    May. 5 Cash 66000
    Treasury stocks 54000
    Share premium- ordinary 12000

    July. 20 Cash 35000
    Retained earnings 1000
    Treasury stocks 36000


    Malcolm Corporation
    Shareholders Equity Section
    April 13, 2015

    Ordinary Share P20 par 600000
    Share Permium- Ordinary 1400000
    Less: Treasury Stocks (180000)
    Retained Earnongs 2000000

    Total Shareholders Equity P 3,820,000


    - Romelee T. Velasco BSA-1B :)

    ReplyDelete
  10. Unknown3 March 2015 at 22:32

    VALERIO, CLARISSA S. BSA 1A
    ASSIGNMENT #8
    1.)APR 13 Cash 90,000
    Retained earnings 10,000
    Treasury Stock 100,000
    To record the issuance of Treasury shares below cost.
    MAY 5 Cash 66,000
    Treasury Stock 60,000
    ` Share premium - Treasury 6,000
    To record the issuance of treasury shares above cost.
    JULY 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stock 40,000
    To record the issuance of treasury shares below cost.

    ReplyDelete
  11. Unknown3 March 2015 at 22:48

    VALERIO, CLARISSA S.
    ASSIGNMENT #8
    2.) MALCOM Corporation
    Shareholder’s Equity Sections
    April 13, 2015

    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Share Premium-Ordinary 1,400,000
    Retained Earnings 1,990,000
    ________
    TOTAL shareholder’s Equity and Retained Earnings 3,990,000
    Treasury Stock 5,000 shares, below cost (100,000)
    ________
    TOTAL SHAREHOLDER’S EQUITY 3,890,000
    ________
    ________

    ReplyDelete
  12. Kristy Avila 1B3 March 2015 at 22:49

    Date
    2015
    Jun 1 Cash 105,000
    Subscription Receivable 315,000
    Subscribed Ordinary Shares 245,000
    Share Premium- Ordinary 175,000
    To record subscription .

    7 Cash 160,000
    Ordinary Shares 105,000
    Share Premium-Ordinary 55,000
    To record the issuance of cash.

    July 10 Computer 12,000
    Ordinary Shares 7,000
    Share Premium-Ordinary 5,000
    To record the issuance for computer.

    Aug 1 Cash 168,000
    Subscription Receivable 168,000
    To record the installment payment.

    Sept 1 Cash 147,000
    Subscription Receivable 147,000
    To record the final [payment.
    ✓ Subscription Ordinary Shares 245,000
    Ordinary Shares 245,000
    To record the issuance of ordinary shares.

    You present the subscription receivable as a deduction to the subscribed share capital. Under or below the ordinary share capital.

    ReplyDelete
  13. Anonymous3 March 2015 at 22:53

    Mary Ann Dolor Bsa-1b

    Date
    2015
    Jun 1 Cash 105,000
    Subscription Receivable 315,000
    Subscribed Ordinary Shares 245,000
    Share Premium- Ordinary 175,000
    To record subscription .

    7 Cash 160,000
    Ordinary Shares 105,000
    Share Premium-Ordinary 55,000
    To record the issuance of cash.

    July 10 Computer 12,000
    Ordinary Shares 7,000
    Share Premium-Ordinary 5,000
    To record the issuance for computer.

    Aug 1 Cash 168,000
    Subscription Receivable 168,000
    To record the installment payment.

    Sept 1 Cash 147,000
    Subscription Receivable 147,000
    To record the final [payment.
    ✓ Subscription Ordinary Shares 245,000
    Ordinary Shares 245,000
    To record the issuance of ordinary shares.


    We present the subscription receivable in the balance sheet by subtracting it from the subscription-ordinary shares .

    ReplyDelete
  14. Anonymous3 March 2015 at 22:56

    bsa-1b Gina bertulfo

    Date
    2015
    Jun 1 Cash 105,000
    Subscription Receivable 315,000
    Subscribed Ordinary Shares 245,000
    Share Premium- Ordinary 175,000
    To record subscription .

    7 Cash 160,000
    Ordinary Shares 105,000
    Share Premium-Ordinary 55,000
    To record the issuance of cash.

    July 10 Computer 12,000
    Ordinary Shares 7,000
    Share Premium-Ordinary 5,000
    To record the issuance for computer.

    Aug 1 Cash 168,000
    Subscription Receivable 168,000
    To record the installment payment.

    Sept 1 Cash 147,000
    Subscription Receivable 147,000
    To record the final [payment.
    ✓ Subscription Ordinary Shares 245,000
    Ordinary Shares 245,000
    To record the issuance of ordinary shares.

    In balance sheet , the subscription receivable decreases the subscribed ordinary shares .

    ReplyDelete
  15. Anonymous3 March 2015 at 22:59

    tumandao, christine bsa-1b

    Date
    2015
    Jun 1 Cash 105,000
    Subscription Receivable 315,000
    Subscribed Ordinary Shares 245,000
    Share Premium- Ordinary 175,000
    To record subscription .

    7 Cash 160,000
    Ordinary Shares 105,000
    Share Premium-Ordinary 55,000
    To record the issuance of cash.

    July 10 Computer 12,000
    Ordinary Shares 7,000
    Share Premium-Ordinary 5,000
    To record the issuance for computer.

    Aug 1 Cash 168,000
    Subscription Receivable 168,000
    To record the installment payment.

    Sept 1 Cash 147,000
    Subscription Receivable 147,000
    To record the final [payment.
    ✓ Subscription Ordinary Shares 245,000
    Ordinary Shares 245,000
    To record the issuance of ordinary shares.

    In balance sheet , we present the subscription receivable by deducting it from subscribed ordinary shares.

    ReplyDelete
  16. Unknown3 March 2015 at 23:13

    1. Apr 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000


    2. Malcolm Corporation
    Shareholders' Equity Section
    As of April 13, 2015

    Share Capital:
    Ordinary Shares, P20 par 600,000
    Share Premium- Ordinary 1,400,000
    Retained Earnings 2,000,000
    Less: Treasury Stock 90,000
    Total Shareholders' Equity 3,910,000

    ReplyDelete
  17. Anonymous3 March 2015 at 23:14

    - Nicudemus Carlou D. Capellan BSA 1B

    Apr. 13 Cash 90000
    treasury stocks 90000

    May. 5 Cash 66000
    Treasury stocks 54000
    Share premium- ordinary 12000

    July. 20 Cash 35000
    Retained earnings 1000
    Treasury stocks 36000


    Malcolm Corporation
    Shareholders Equity Section
    April 13, 2015

    Ordinary Share P20 par 600000
    Share Permium- Ordinary 1400000
    Less: Treasury Stocks (180000)
    Retained Earnongs 2000000

    Total Shareholders Equity P 3,820,000

    ReplyDelete
  18. Anonymous3 March 2015 at 23:17

    Mary ann dolor bsa-1b

    April 13 Treasury Shares 90,000
    Cash 90,000
    Purchase of treasury.

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share premium-Treasury 12,000
    Sale of treasury.
    Earnings1,
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000
    Sale of treasury below par.


    Malcolm Corporation
    Shareholders’ Equity
    April 13, 2015

    Ordinary Shares, P20, 600,00 shares authorized
    30,000 shares issued , 25,000 outstanding. 600,000

    Share premium- Ordinary 1,400,000
    Retained Earnings 2,000,000
    Less: Treasury Shares (90,000)
    Total Shareholders’ Equity 3,910,000

    ReplyDelete
  19. Anonymous3 March 2015 at 23:17

    Mark Jay Turla BSA- 1A


    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000
    To record acquisition of
    treasury stock


    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000
    To record reissue of treasury
    shares above cost

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record reissue of treasury
    shares below cost



    Malcolm Corporation
    Stockholder Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Total Share Capital 2,000,000
    Retained Earnings 2,001,000
    Total 4,001,000
    Less:Treasury Stock 90,000
    Share Premium-Treasury 12,000
    Total Stockholder Equity 3,899,000

    ReplyDelete
  20. Kristy Avila 1B3 March 2015 at 23:18

    April 13 Treasury Shares 90,000
    Cash 90,000
    Purchase of treasury.

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share premium-Treasury 12,000
    Sale of treasury.
    Earnings1,
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000
    Sale of treasury below par.


    Malcolm Corporation
    Shareholders’ Equity
    April 13, 2015

    Ordinary Shares, P20, 600,00 shares authorized
    30,000 shares issued , 25,000 outstanding. 600,000

    Share premium- Ordinary 1,400,000
    Retained Earnings 2,000,000
    Less: Treasury Shares (90,000)
    Total Shareholders’ Equity 3,910,000

    ReplyDelete
  21. Anonymous3 March 2015 at 23:19

    tumandao, christine bsa-1b

    April 13 Treasury Shares 90,000
    Cash 90,000
    Purchase of treasury.

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share premium-Treasury 12,000
    Sale of treasury.
    Earnings1,
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000
    Sale of treasury below par.


    Malcolm Corporation
    Shareholders’ Equity
    April 13, 2015

    Ordinary Shares, P20, 600,00 shares authorized
    30,000 shares issued , 25,000 outstanding. 600,000

    Share premium- Ordinary 1,400,000
    Retained Earnings 2,000,000
    Less: Treasury Shares (90,000)
    Total Shareholders’ Equity 3,910,000

    ReplyDelete
  22. Anonymous3 March 2015 at 23:19

    - Ruth B Florencio BSA 1B


    Apr. 13 Cash 90000
    treasury stocks 90000

    May. 5 Cash 66000
    Treasury stocks 54000
    Share premium- ordinary 12000

    July. 20 Cash 35000
    Retained earnings 1000
    Treasury stocks 36000


    Malcolm Corporation
    Shareholders Equity Section
    April 13, 2015

    Ordinary Share P20 par 600000
    Share Permium- Ordinary 1400000
    Less: Treasury Stocks (180000)
    Retained Earnongs 2000000

    Total Shareholders Equity P 3,820,000

    ReplyDelete
  23. Anonymous3 March 2015 at 23:20

    davocol, amiel bsa-1b

    April 13 Treasury Shares 90,000
    Cash 90,000
    Purchase of treasury.

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share premium-Treasury 12,000
    Sale of treasury.
    Earnings1,
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000
    Sale of treasury below par.


    Malcolm Corporation
    Shareholders’ Equity
    April 13, 2015

    Ordinary Shares, P20, 600,00 shares authorized
    30,000 shares issued , 25,000 outstanding. 600,000

    Share premium- Ordinary 1,400,000
    Retained Earnings 2,000,000
    Less: Treasury Shares (90,000)
    Total Shareholders’ Equity 3,910,000

    ReplyDelete
  24. Anonymous3 March 2015 at 23:20

    1. Apr 13 Treasury Stock 90,000
    Cash 90,000
    To record issuance of treasury stock.

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000
    To record issuance of treasury stock above par.

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record issuance of treasury stock.

    2. Malcolm Corporation
    Shareholders' Equity Section
    As of April 13, 2015

    Share Capital:
    Ordinary Shares, P20 par P600,000
    Share Premium- Ordinary 1,400,000
    Retained Earnings 2,000,000
    - ----------------
    Total 4,000,000
    Less: Treasury Stock 90,000
    -----------------
    Total Shareholders' Equity P3,910,000
    ========


    -Aramina Albat
    BSA-1A

    ReplyDelete
  25. Unknown3 March 2015 at 23:21

    VALERIO,CLARISSA S. BSA 1A
    ASSIGNMENT #8
    1.) APR 13 Treasury Stock 90,000
    Cash 100,000
    To record the acquisition of Treasury shares .
    MAY 5 Cash 66,000
    Treasury Stock 60,000
    ` Share premium - Treasury 6,000
    To record the issuance of treasury shares above cost.
    JULY 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stock 40,000
    To record the issuance of treasury shares below cost.



    2.) MALCOM Corporation
    Shareholder’s Equity Sections
    April 13, 2015

    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Share Premium-Ordinary 1,400,000
    Retained Earnings 2,000,000
    ________
    TOTAL shareholder’s Equity and Retained Earnings 4,000,000
    Treasury Stock 5,000 shares, below cost (90,000)
    ________
    TOTAL SHAREHOLDER’S EQUITY 3,910,000
    ________
    ________




    ReplyDelete
  26. Anonymous3 March 2015 at 23:21

    gina bertulfo bsa 1b

    April 13 Treasury Shares 90,000
    Cash 90,000
    Purchase of treasury.

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share premium-Treasury 12,000
    Sale of treasury.
    Earnings1,
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000
    Sale of treasury below par.


    Malcolm Corporation
    Shareholders’ Equity
    April 13, 2015

    Ordinary Shares, P20, 600,00 shares authorized
    30,000 shares issued , 25,000 outstanding. 600,000

    Share premium- Ordinary 1,400,000
    Retained Earnings 2,000,000
    Less: Treasury Shares (90,000)
    Total Shareholders’ Equity 3,910,000

    ReplyDelete
  27. Anonymous3 March 2015 at 23:22

    Jaymar M. Caunte BSA- 1A


    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000
    To record acquisition of
    treasury stock


    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000
    To record reissue of treasury
    shares above cost

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record reissue of treasury
    shares below cost



    Malcolm Corporation
    Stockholder Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Total Share Capital 2,000,000
    Retained Earnings 2,001,000
    Total 4,001,000
    Less:Treasury Stock 90,000
    Share Premium-Treasury 12,000
    Total Stockholder Equity 3,899,000

    ReplyDelete
  28. Unknown3 March 2015 at 23:23

    1.)
    Apr 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000


    2.)
    Malcolm Corporation
    Shareholders' Equity Section
    As of April 13, 2015

    Share Capital:
    Ordinary Shares, P20 par 600,000
    Share Premium- Ordinary 1,400,000
    Retained Earnings 2,000,000

    Total 4,000,000
    Less: Treasury Stock 90,000

    Total Shareholders' Equity 3,910,000

    ReplyDelete
  29. Anonymous3 March 2015 at 23:23

    1. April 13 Treasury Shares 90 000
    Cash 90 000

    May 5 Cash 66 000
    Treasury Shares 54 000
    Share Premium- Treasury 12 000

    July 20 Cash 35 000
    Retained Earnings 1 000
    Treasury Shares 36 000

    2. Malcolm Corporation
    Shareholders' Equity Section
    April 13, 2015

    Share Capital
    Ordinary Shares, P 20 P 500 000
    Less: Treasury Shares (90 000)
    Share Premium- Ordinary 1 400 000
    -----------------
    Total Share Capital P 1 810 000
    Retained Earnings 2 000 000
    -----------------
    Total Shareholders' Equity P 3 810 000


    Camarines, Sheryl T.
    BSA 1A

    ReplyDelete
  30. Unknown3 March 2015 at 23:24

    ENDONG, MARK MILLAN N. BSA-1A

    April 13 Treasury Stock 90 000
    Cash 90 000
    To record purchased of share.

    May 5 Cash 66 000
    Treasury Stock 54 000
    Share Premium- Treasury 12 000
    To record re-issuance of share.

    July 20 Cash 35 000
    Retained Earnings 1 000
    Treasury Stock 36 000
    To record re-issuance of shares below
    below the cost.


    Malcolm Corporation
    Shareholders' Equity Section
    April 13, 2015

    Ordinary Shares, P20 par, 30 000 shares
    authorized and issued 600 000

    Share Premium- Ordinary 1 400 000
    Retained Earnings 2 000 000

    Total Share Capital & Retained Earnings 4 000 000
    Less: Treasury Stock, 5 000 shares, P18 at cost 90 000

    Total Shareholders' Equity 3 910 000
    ========

    ReplyDelete
  31. LENDIO3 March 2015 at 23:26

    Lendio,Gerly Jane M. BSA-1B

    1.Journal Entries

    April 13 Treasury Stock 90,000
    Cash 90,000
    To record the purchase ordinary share.
    May 5 cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000
    To record sale of treasury shares.
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record sale treasury share.

    2.
    Malcolm Corporation
    Stockholders Equity Section
    As of April 13,2015

    Share Capital
    Ordinary Share P20 par, 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12,000
    Total Share Capital 2,012,000
    Retained Earnings 2,000,000
    Less: Retained Earnings-Treasury 1,000
    Total Earnings 1,999,000
    Total share Capital and Retained Earnings 4,011,000
    Less: Treasury Stock 90,000
    Total Shareholders Equity 3,921,000

    ReplyDelete
  32. Anonymous3 March 2015 at 23:29

    Añora, Karl Joshua C. BSA-1A

    1) April 13 Treasury Shares 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium- Treasury 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000

    2)
    Malcolm Corporation
    Shareholders' Equity Section
    April 13, 2015

    Share Capital
    Ordinary Shares, P 20 P500,000
    Less: Treasury Shares (90,000)
    Share Premium- Ordinary 1,400,000
    -----------------
    Total Share Capital P1,810,000
    Retained Earnings 2,000,000
    -----------------
    Total Shareholders' Equity P3,810,000
    =========

    ReplyDelete
  33. CANCILLER3 March 2015 at 23:29

    CANCILLER BSA-1B

    1.Journal Entries

    April 13 Treasury Stock 90,000
    Cash 90,000
    To record the purchase ordinary share.
    May 5 cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000
    To record sale of treasury shares.
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record sale treasury share.

    2.
    Malcolm Corporation
    Stockholders Equity Section
    As of April 13,2015

    Share Capital
    Ordinary Share P20 par, 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12,000
    Total Share Capital 2,012,000
    Retained Earnings 2,000,000
    Less: Retained Earnings-Treasury 1,000
    Total Earnings 1,999,000
    Total share Capital and Retained Earnings 4,011,000
    Less: Treasury Stock 90,000
    Total Shareholders Equity 3,921,000

    ReplyDelete
  34. LABANES3 March 2015 at 23:31

    LABANES BSA-1B

    1.Journal Entries

    April 13 Treasury Stock 90,000
    Cash 90,000
    To record the purchase ordinary share.
    May 5 cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000
    To record sale of treasury shares.
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record sale treasury share.

    2.
    Malcolm Corporation
    Stockholders Equity Section
    As of April 13,2015

    Share Capital
    Ordinary Share P20 par, 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12,000
    Total Share Capital 2,012,000
    Retained Earnings 2,000,000
    Less: Retained Earnings-Treasury 1,000
    Total Earnings 1,999,000
    Total share Capital and Retained Earnings 4,011,000
    Less: Treasury Stock 90,000
    Total Shareholders Equity 3,921,000

    ReplyDelete
  35. ADONIS3 March 2015 at 23:32

    ADONIS BSA-1B

    1.Journal Entries

    April 13 Treasury Stock 90,000
    Cash 90,000
    To record the purchase ordinary share.
    May 5 cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000
    To record sale of treasury shares.
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record sale treasury share.

    2.
    Malcolm Corporation
    Stockholders Equity Section
    As of April 13,2015

    Share Capital
    Ordinary Share P20 par, 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12,000
    Total Share Capital 2,012,000
    Retained Earnings 2,000,000
    Less: Retained Earnings-Treasury 1,000
    Total Earnings 1,999,000
    Total share Capital and Retained Earnings 4,011,000
    Less: Treasury Stock 90,000
    Total Shareholders Equity 3,921,000

    ReplyDelete
  36. SILVA3 March 2015 at 23:35

    SILVA BSA-1B

    1.Journal Entries

    April 13 Treasury Stock 90,000
    Cash 90,000
    To record the purchase ordinary share.
    May 5 cash 66,000
    Treasury Stock 54,000
    Share Premium-Treasury 12,000
    To record sale of treasury shares.
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record sale treasury share.

    2.
    Malcolm Corporation
    Stockholders Equity Section
    As of April 13,2015

    Share Capital
    Ordinary Share P20 par, 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12,000
    Total Share Capital 2,012,000
    Retained Earnings 2,000,000
    Less: Retained Earnings-Treasury 1,000
    Total Earnings 1,999,000
    Total share Capital and Retained Earnings 4,011,000
    Less: Treasury Stock 90,000
    Total Shareholders Equity 3,921,000

    ReplyDelete
  37. Anonymous3 March 2015 at 23:35

    MARAYA, LIZETTE B. BSA 1A :)

    Apr 13 Treasury Shares 90 000
    Cash 90 000
    To record the
    acquisition of treasury shares.

    May 5 Cash 66 000
    Treasury Shares 54 000
    Share Premium-Treasury 12 000
    To record the reissue of
    the treasury shares above cost.

    July 20 Cash 35 000
    Retained Earnings 1 000
    Treasury Shares 36 000
    To record the reissue
    of the treasury shares below cost.


    Malcolm Corporation
    Shareholder’s Equity Section
    As of April 13, 2015

    Ordinary Shares, P20 par 600 000
    Share Premium-Ordinary 1 400 000
    Share Premium-Treasury 12 000
    __________
    Total 2 012 000
    Retained Earnings 1 999 000
    ___________
    Total Shareholder’s Equity 4 011 000
    ==========

    ReplyDelete
  38. Eclipse, Van Daryl B. BSA-1A3 March 2015 at 23:35

    2015
    Apr. 13 Treasury Shares 90,000
    Cash 90,000
    Purchased treasury shares.

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium-Treasury 12,000
    Sold treasury shares for cash.

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000
    Sold treasury shares for cash.


    Malcolm Corporation
    Shareholders' Equity Section
    April 13,2015

    Share Capital:
    Ordinary Shares, P20 par 600,000
    Share Premium-Ordinary 1,400,000
    ________
    Total Share Capital 2,000,000
    Treasury Shares, 5,000 ordinary shares at cost (90,000)
    ________
    Total 1,910,000
    Retained Earnings 2,000,000
    _________
    Total Shareholders' Equity 3,910,000
    =======

    ReplyDelete
  39. Unknown3 March 2015 at 23:37

    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000



    Malcolm Corporation
    Stockholder Equity Section
    As of July 20, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12.,000
    Total Share Capital 2,012,000
    Retained Earnings 2,001,000
    Total 4,013,000
    Less:Treasury Stock 90,000
    Total Stockholder Equity 3,923,000
    ========

    ReplyDelete
  40. Luzviminda Urot3 March 2015 at 23:38

    2015
    Apr. 13 Treasury Shares 90,000
    Cash 90,000
    Torecord purchase of shares
    at P18 per share.

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium-Treasury 12,000
    To record sale of shares at
    P22 per share.

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000
    To record sale of shares at
    P17.50 per share.

    Malcolm Corporation
    Shareholders' Equity Section
    April 13,2015

    Share Capital
    Ordinary Shares,P20 par 600,000
    Share Premium-Ordinary 1,400,000
    _____________
    Total Share Capital P2,000,000
    Less: Treasury Shares- 5,000 ordinary shares
    at cost 90,000
    ______________
    Total P1,910,000
    Retained Earnings 2,000,000
    _______________
    Total Shareholders' Equity P3,910,000
    ==============

    ReplyDelete
  41. Anonymous3 March 2015 at 23:38

    Allyzon Padaon BSA 1B

    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000
    To record acquisition of
    treasury stock


    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000
    To record reissue of treasury
    shares above cost

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record reissue of treasury
    shares below cost



    Malcolm Corporation
    Stockholder Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Total Share Capital 2,000,000
    Retained Earnings 2,001,000
    Total 4,001,000
    Less:Treasury Stock 90,000
    Share Premium-Treasury 12,000
    Total Stockholder Equity 3,899,000

    ReplyDelete
  42. Anonymous3 March 2015 at 23:38

    BACASNO, YSRAH CHESRYL BSA 1B :D


    Apr 13 Treasury Shares 90 000
    Cash 90 000
    To record the acquisition
    of treasury shares.

    May 5 Cash 66 000
    Treasury Shares 54 000
    Share Premium-Treasury 12 000
    To record the reissue of
    the treasury shares above cost.

    July 20 Cash 35 000
    Retained Earnings 1 000
    Treasury Shares 36 000
    To record the reissue of
    the treasury shares below cost.


    Malcolm Corporation
    Shareholder’s Equity Section
    As of April 13, 2015

    Ordinary Shares, P20 par 600 000
    Share Premium-Ordinary 1 400 000
    Share Premium-Treasury 12 000
    _____________
    Total 2 012 000
    Retained Earnings 1 999 000
    ______________
    Total Shareholder’s Equity 4 011 000
    ============

    ReplyDelete
  43. Anonymous3 March 2015 at 23:39

    Apr 13 Treasury Shares 90 000
    Cash 90 000
    To record the purchase
    of treasury shares.

    May 5 Cash 66 000
    Treasury Shares 54 000
    Share Premium-Treasury 12 000
    To record the issuance of
    the treasury shares above cost.

    July 20 Cash 35 000
    Retained Earnings 1 000
    Treasury Shares 36 000
    To record the issuance of
    the treasury shares below cost.


    Malcolm Corporation
    Shareholder’s Equity Section
    As of April 13, 2015

    Ordinary Shares, P20 par 600 000

    Share Premium-Ordinary 1 400 000

    Share Premium-Treasury 12 000
    _____________
    Total 2 012 000

    Retained Earnings 1 999 000
    ______________
    Total Shareholder’s Equity 4 011 000
    ============


    MARCON, MAE A. BSA 1B :))

    ReplyDelete
  44. Unknown3 March 2015 at 23:40

    Apr. 13 Cash 90000
    treasury stocks 90000

    May. 5 Cash 66000
    Treasury stocks 54000
    Share premium- ordinary 12000

    July. 20 Cash 35000
    Retained earnings 1000
    Treasury stocks 36000


    Malcolm Corporation
    Shareholders Equity Section
    April 13, 2015

    Ordinary Share P20 par 600000
    Share Permium- Ordinary 1400000
    Less: Treasury Stocks (180000)
    Retained Earnongs 2000000

    Total Shareholders Equity P 3,820,000
    Chat Conversation End

    ReplyDelete
  45. Unknown3 March 2015 at 23:40

    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000



    Malcolm Corporation
    Stockholder Equity Section
    As of July 20, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12.,000
    Total Share Capital 2,012,000
    Retained Earnings 2,001,000
    Total 4,013,000
    Less:Treasury Stock 90,000
    Total Stockholder Equity 3,923,000
    ========

    ReplyDelete
  46. Unknown3 March 2015 at 23:40

    Noemi Trisha N. Diolola BSA-1A

    Ordinary Shares 600,000
    Share Premium - Ordinary 1,400,000
    Retained Earnings 2,000,000
    ------------------
    Total Shareholders' Equity 4,000,000
    ==========

    Entries:

    Apr. 13 Treasury Shares 90,000
    Cash 90,000


    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium - Treasury 12,000


    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000


    Malcolm Corporation
    Shareholders' Equity Section
    April 13, 2015

    Share Capital
    Ordinary Shares, P20 par 600,000
    Share Premium - Ordinary 1,400,000
    ----------------
    Total Share Capital 2,000,000
    Less: Treasury Shares - 5,000
    Ordinary shares at cost 90,000
    ---------------
    Total 1,910,000
    Retained Earnings 2,000,000
    ---------------
    Total Shareholders Equity 3,910,000
    =========

    ReplyDelete
  47. Anonymous3 March 2015 at 23:41

    Reynanel Argales BSA 1A

    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000
    To record acquisition of
    treasury stock


    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000
    To record reissue of treasury
    shares above cost

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record reissue of treasury
    shares below cost



    Malcolm Corporation
    Stockholder Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Total Share Capital 2,000,000
    Retained Earnings 2,001,000
    Total 4,001,000
    Less:Treasury Stock 90,000
    Share Premium-Treasury 12,000
    Total Stockholder Equity 3,899,000

    ReplyDelete
  48. TUMAMAK, CRYSTAL M.3 March 2015 at 23:46

    TUMAMAK, CRYSTAL M. BSA-1A

    Ordinary Shares 600,000
    Share Premium - Ordinary 1,400,000
    Retained Earnings 2,000,000
    ------------------
    Total Shareholders' Equity 4,000,000
    ==========

    Entries:

    Apr. 13 Treasury Shares 90,000
    Cash 90,000


    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium - Treasury 12,000


    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000


    Malcolm Corporation
    Shareholders' Equity Section
    April 13, 2015

    Share Capital
    Ordinary Shares, P20 par 600,000
    Share Premium - Ordinary 1,400,000
    ----------------
    Total Share Capital 2,000,000
    Less: Treasury Shares - 5,000
    Ordinary shares at cost 90,000
    ---------------
    Total 1,910,000
    Retained Earnings 2,000,000
    ---------------
    Total Shareholders Equity 3,910,000
    =========

    ReplyDelete
  49. Unknown3 March 2015 at 23:46

    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000



    Malcolm Corporation
    Stockholder Equity Section
    As of July 20, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12.,000
    Total Share Capital 2,012,000
    Retained Earnings 2,001,000
    Total 4,013,000
    Less:Treasury Stock 90,000
    Total Stockholder Equity 3,923,000
    ========

    ReplyDelete
  50. Anonymous3 March 2015 at 23:47

    Jefferson Gapate BSA 1B

    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000
    To record acquisition of
    treasury stock


    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000
    To record reissue of treasury
    shares above cost

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000
    To record reissue of treasury
    shares below cost



    Malcolm Corporation
    Stockholder Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Total Share Capital 2,000,000
    Retained Earnings 2,001,000
    Total 4,001,000
    Less:Treasury Stock 90,000
    Share Premium-Treasury 12,000
    Total Stockholder Equity 3,899,000

    ReplyDelete
  51. Anonymous3 March 2015 at 23:47

    Salvatierra, Aigie Grace M. BSA-1B

    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share premium- Treasury 12,000

    July 20 Cash 35,000
    Treasury Stock 35,000

    Malcolm Corporation
    Stockholders' Equity Section
    as of April 13, 2015
    Share Capital
    Ordinary shares, P 20 par,
    30,000 shares authorized 600,000
    Share Premium - Ordinary 1,400,000
    ------------------
    Total Share Capital 2,000,000
    Retained Earnings 2,000,000
    -----------------
    Total Share Capital and Retained Earnings 4,000,000
    Less: Treasury Stock, 5,000 shares,
    P18 at cost 90,000
    ----------------
    Total Shareholders Equity 3,910,000
    =========

    ReplyDelete
  52. Anonymous3 March 2015 at 23:49

    ARTECHE, RACHELLE NINA V.
    BSA-1B

    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share premium- Treasury 12,000

    July 20 Cash 35,000
    Treasury Stock 35,000

    Malcolm Corporation
    Stockholders' Equity Section
    as of April 13, 2015
    Share Capital
    Ordinary shares, P 20 par,
    30,000 shares authorized 600,000
    Share Premium - Ordinary 1,400,000
    ------------------
    Total Share Capital 2,000,000
    Retained Earnings 2,000,000
    -----------------
    Total Share Capital and Retained Earnings 4,000,000
    Less: Treasury Stock, 5,000 shares,
    P18 at cost 90,000
    ----------------
    Total Shareholders Equity 3,910,000
    =========

    ReplyDelete
  53. Unknown3 March 2015 at 23:50

    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000



    Malcolm Corporation
    Stockholder Equity Section
    As of July 20, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12.,000
    Total Share Capital 2,012,000
    Retained Earnings 2,001,000
    Total 4,013,000
    Less:Treasury Stock 90,000
    Total Stockholder Equity 3,923,000
    ========
    2015
    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share Premium-Ordinary 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Stock 36,000



    Malcolm Corporation
    Stockholder Equity Section
    As of July 20, 2015

    Share Capital
    Ordinary Shares,P20 par P 600,000
    Share Premium-Ordinary 1,400,000
    Share Premium-Treasury 12.,000
    Total Share Capital 2,012,000
    Retained Earnings 2,001,000
    Total 4,013,000
    Less:Treasury Stock 90,000
    Total Stockholder Equity 3,923,000
    ========

    ReplyDelete
  54. Anonymous3 March 2015 at 23:50

    Basilan, Angielyn I.
    BSA-1B

    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share premium- Treasury 12,000

    July 20 Cash 35,000
    Treasury Stock 35,000

    Malcolm Corporation
    Stockholders' Equity Section
    as of April 13, 2015
    Share Capital
    Ordinary shares, P 20 par,
    30,000 shares authorized 600,000
    Share Premium - Ordinary 1,400,000
    ------------------
    Total Share Capital 2,000,000
    Retained Earnings 2,000,000
    -----------------
    Total Share Capital and Retained Earnings 4,000,000
    Less: Treasury Stock, 5,000 shares,
    P18 at cost 90,000
    ----------------
    Total Shareholders Equity 3,910,000
    =========

    ReplyDelete
  55. JACQUELINE TADO3 March 2015 at 23:51

    JACQUELINE P. TADO BSA-IA

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  56. arlito solano3 March 2015 at 23:52

    Arlito Solano

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  57. carlo maglinte3 March 2015 at 23:53

    carlo maglinte

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  58. Anonymous3 March 2015 at 23:54

    Peachy M. Bandilla
    BSA-1A

    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share premium- Treasury 12,000

    July 20 Cash 35,000
    Treasury Stock 35,000

    Malcolm Corporation
    Stockholders' Equity Section
    as of April 13, 2015
    Share Capital
    Ordinary shares, P 20 par,
    30,000 shares authorized 600,000
    Share Premium - Ordinary 1,400,000
    ------------------
    Total Share Capital 2,000,000
    Retained Earnings 2,000,000
    -----------------
    Total Share Capital and Retained Earnings 4,000,000
    Less: Treasury Stock, 5,000 shares,
    P18 at cost 90,000
    ----------------
    Total Shareholders Equity 3,910,000
    =========

    ReplyDelete
  59. regine zabala3 March 2015 at 23:54

    regine zabala

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  60. Unknown3 March 2015 at 23:54

    Journal entries
    2015
    Apr. 13 Treasury Shares 90,000
    Cash 90,000
    Purchased below par
    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium- Ordinary 12,000
    Sale of shares above par
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury shares 36,000
    Sale of shares

    Malcolm Corporation
    Stockholder’s Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Share P20 par 600,000
    Share Premium- Ordinary 1,400,000
    Total Share Capital 2,000,000
    Treasury shares 5,000 ordinary
    Shares At cost P18 ( 90,000)
    Total 1,910,000
    Add: Retained Earnings 2,000,000
    Total Stockholders Capital 3,910,000

    ReplyDelete
  61. Unknown3 March 2015 at 23:55

    Journal entries
    2015
    Apr. 13 Treasury Shares 90,000
    Cash 90,000
    Purchased below par
    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium- Ordinary 12,000
    Sale of shares above par
    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury shares 36,000
    Sale of shares
    Malcolm Corporation
    Stockholder’s Equity Section
    As of April 13, 2015

    Share Capital
    Ordinary Share P20 par 600,000
    Share Premium- Ordinary 1,400,000
    Total Share Capital 2,000,000
    Treasury shares 5,000 ordinary
    Shares At cost P18 ( 90,000)
    Total 1,910,000
    Add: Retained Earnings 2,000,000
    Total Stockholders Capital 3,910,000

    Arce , Zhahana Mae

    ReplyDelete
  62. ramos angela3 March 2015 at 23:55

    ramos angela

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  63. Anonymous3 March 2015 at 23:55

    Kesley Anne Guira
    BSA-1B

    Apr. 13 Treasury Stock 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Stock 54,000
    Share premium- Treasury 12,000

    July 20 Cash 35,000
    Treasury Stock 35,000

    Malcolm Corporation
    Stockholders' Equity Section
    as of April 13, 2015
    Share Capital
    Ordinary shares, P 20 par,
    30,000 shares authorized 600,000
    Share Premium - Ordinary 1,400,000
    ------------------
    Total Share Capital 2,000,000
    Retained Earnings 2,000,000
    -----------------
    Total Share Capital and Retained Earnings 4,000,000
    Less: Treasury Stock, 5,000 shares,
    P18 at cost 90,000
    ----------------
    Total Shareholders Equity 3,910,000
    =========

    ReplyDelete
  64. Unknown3 March 2015 at 23:55

    RENZMORTA.BSA1A

    Date.........................Particulars.........................Debit......Credit
    2015
    April.13.....Treasury.Shares...............................90,000
    ........................Cash....................................................90,000
    .................................To.record.the.purchase
    ..................................of.Ordinary.Shares.

    May..5......Cash...............................................66,000
    .......................Treasury.Shares....................................54,000
    .......................Share.Premium-Treasury........................12,000
    ..................................Sale.of.Treasury.Shares.

    July.20.....Cash................................................35,000
    ................Retained.Earnings..............................1,000
    .......................Treasury.Shares....................................36,000
    .................................Sale.of.Treasury.Shares.


    ....................Malcolm.Corporation
    .............Stockholders'.Equity.Section
    .......................April13,2015

    Share.Capital
    ...Ordinary.Shares...................................600,000
    ...Share.Premium-Ordinary....................1,400,000
    .........................................................._________
    ...Total.Share.Capital............................2,000,000
    ...Less:Treasury.Shares,5,000 Ordinary
    ............shares,P18cost............................90,000
    .........................................................._________
    ...Total................................................1,910,000
    ...Retained.Earnings.............................2,000,000
    .........................................................._________
    ...Total.Stoskholders'..Equity.................3,910,000
    ...........................................................=======

    ReplyDelete
  65. yvette boreres3 March 2015 at 23:56

    yvette boreres

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  66. ariane gata3 March 2015 at 23:57

    ariane gata

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  67. merilyn hermosilla3 March 2015 at 23:58

    merilyn hermosilla

    April 13 Treasury Stocks 90,000
    Cash 90,000
    To record acquisition of treasury stocks.

    May 5 Cash 66,000
    Treasury Stocks 60,000
    Share Premium-Treasury 6,000
    To record issuance of treasury shares above cost.

    July 20 Cash 35,000
    Retained Earnings 5,000
    Treasury Stocks 40,000
    To record the issuance of treasury shares below cost.

    Malcom Corporation
    Shareholder's Section
    As of April 13,2015

    Share Capital:
    Ordinary Shares, P20 par, 30,000 issued shares 600,000
    Shares Premium-Ordinary 1,400,000
    Total Share Capital: 2,000,000
    Retained Earnings 2,000,000
    Total Shareholder's Equity and Retained Earnings 4,000,000
    Less: Treasury Stocks, 5,000 shares, below cost (90,000)
    Total Shareholder's Equity 3,010,000

    ReplyDelete
  68. Unknown4 March 2015 at 00:13

    Ordinary Shares 600000
    Share Premium - Ordinary 1400000
    Retained Earnings 2000000
    Total Shareholders' Equity 4000000

    Entries:
    Apr. 13 Treasury Shares 90000
    Cash 90000

    May 5 Cash 66000
    Treasury Shares 54000
    Share Premium - Treasury 12000

    July 20 Cash 35000
    Retained Earnings 1000
    Treasury Shares 36000

    Malcolm Corporation
    Shareholders' Equity Section
    April 13, 2015

    Share Capital
    Ordinary Shares, P20 par 600000
    Share Premium - Ordinary 1400000
    Total Share Capital 2000000
    Less: Treasury Shares - 5,000 Ordinary shares at cost 90000
    Total 1910000
    Retained Earnings 2000000
    Total Shareholders’ Equity 3910000

    ReplyDelete
  69. Anonymous4 March 2015 at 00:17

    PRISNO, IRIS BSA 1A
    Ordinary Shares 600,000
    Share Premium - Ordinary 1,400,000
    Retained Earnings 2,000,000
    Total Shareholders' Equity 4,000,000

    Entries:
    Apr. 13 Treasury Shares 90,000
    Cash 90,000

    May 5 Cash 66,000
    Treasury Shares 54,000
    Share Premium - Treasury 12,000

    July 20 Cash 35,000
    Retained Earnings 1,000
    Treasury Shares 36,000

    Malcolm Corporation
    Shareholders' Equity Section
    April 13, 2015

    Share Capital
    Ordinary Shares, P20 par 600,000
    Share Premium - Ordinary 1,400,000
    Total Share Capital 2,000,000
    Less: Treasury Shares - 5,000 Ordinary shares at cost 90,000
    Total 1,910,000
    Retained Earnings 2,000,000
    Total Shareholders’ Equity 3,910,000

    ReplyDelete
  70. Anonymous4 March 2015 at 00:22

    Cesora, Mary Mae C. BSA-1B

    Ass. #7
    Jan. 1 Subscription Receivable 315 000
    Cash 105 000
    Subscribed Ordinary Shares 245 000
    Share Premium 175 000

    7 Cash 160 000
    Ordinary Share 105 000
    Share Premium 55 000

    July 10 Computer Equipment 12 000
    Ordinary share 7000
    Share Premium 5000

    Aug 1 Cash 126 000
    Subscription Receivable 126 000

    Sept 1 Cash 189 000
    Subscription Receivable 189 000

    Subscribed Ordinary Share 245 000
    Ordinary share 245 0000

    ReplyDelete
  71. Anonymous4 March 2015 at 00:30

    Cesora, Mary Mae C. BSA-1B
    Assignment #8

    Cash 90000
    Treasury Stock 90000

    May 5 Cash 66000
    Treasury Stock 54 000
    Share Premium 12000
    July 20 Cash 35000
    retained earnings 1000
    treasury stock 36 000



    Shareholders Equity

    Share Capital
    Ordinary share P20 par 600 000
    share premium ordinary 1 400 000
    share premium preference 1200000
    Total share capital 2 012 000
    Retained earnings 2000000
    Less: R.E.treasury 1000
    Total retained earnings and share cap 1999 000
    Less: treasury stock 90 000
    total shareholders equity 3 921 000

    ReplyDelete
  72. Anonymous4 March 2015 at 00:32

    2015
    April 13 Treasury Shares 90 000
    Cash 90 000
    Purchased shares from own ordinary shares.

    May 5 Cash 66 000
    Treasury Shares 54 000
    Share Premium – Treasury 12 000
    Sold Treasury 3 000 shares.

    July 20 Cash 35 000
    Retained Earnings 1 000
    Treasury Shares 36 000
    Sold 2 000 Treasury shares.



    Malcolm Corporation
    Stockholders’ Equity Section
    April 13, 2015


    Share Capital
    Ordinary Share, P20 par P600 000
    Share Premium - Ordinary 1 400 000
    ---------------
    Total Share Capital P 2 000 000
    Less: Treasury Shares – 5 000 ordinary shares at cost 90 000
    ----------------
    Total P1 910 000
    Retained Earnings 2 000 000
    ----------------
    Total Shareholders’ Equity 3 910 000
    ========

    ReplyDelete
  73. Anonymous4 March 2015 at 01:27

    FLORENDO, ALDWIN Q. BSA-1A

    1.
    Apr. 13 Cash 90 000
    Treasury Stock 90 000
    To record reissue of treasury shares at cost.

    May 5 Cash 66 000
    Treasury Stock 54 000
    Share Premium-Treasury 12 000
    To record reissue of treasury shares above cost.

    Jul. 20 Cash 35 000
    Retained Earnings 1 000
    Treasury Stock 36 000
    To record reissue of treasury shares below cost.

    2. Malcolm Corporation
    Shareholders' Equity Section
    As of April 13, 2015

    Ordinary Shares, P 20 par P 600 000
    Share Premium- Ordinary 1 400 000
    Retained Earnings 2 000 000
    --------------------
    Total P 4 000 000
    Less: Treasury Stock 90 000
    -------------------
    Total Shareholders' Equity P 3 910 000
    =========

    ReplyDelete

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