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    Shareholders Equity Problems - Answers 1

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    hyunsuk fhebie
    The document contains financial information from the balance sheets of multiple companies (SAIONRA, MASSAION, etc.). It includes details on the companies' share capital, share premiums, retained earnings, treasury shares, and effects of stock dividends and share splits.

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    Shareholders Equity Problems - Answers 1

    Uploaded by

    hyunsuk fhebie
    2K views5 pages
    The document contains financial information from the balance sheets of multiple companies (SAIONRA, MASSAION, etc.). It includes details on the companies' share capital, share premiums, retained earnings, treasury shares, and effects of stock dividends and share splits.

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    Shareholders-equity-problems_answers-1

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    The document contains financial information from the balance sheets of multiple companies (SAIONRA, MASSAION, etc.). It includes details on the companies' share capital, share premiums, retained earnings, treasury shares, and effects of stock dividends and share splits.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    2K views5 pages

    Shareholders Equity Problems - Answers 1

    Uploaded by

    hyunsuk fhebie
    The document contains financial information from the balance sheets of multiple companies (SAIONRA, MASSAION, etc.). It includes details on the companies' share capital, share premiums, retained earnings, treasury shares, and effects of stock dividends and share splits.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    You are on page 1of 5

    SAIONRA CO.

    Share capital
    Issued 3,000,000
    Subscribed 1,000,000
    Subscription receivable (600,000)
    Share premium
    Share premium in excess of par 400,000
    Donated capital 300,000
    Retained earnings
    Appropriated 400,000
    Unappropriated 200,000
    Total 4,700,000 ANSWER

    MASSAION CO.
    Share capital
    Issued common 15,000,000
    Issued preferred 2,500,000
    Subscribed, preferred 1,000,000
    Share premium
    In excess of par, common 3,000,000
    In excess of par, preferred 1,500,000
    Total 23,000,000 ANSWER

    SAIONAINI
    Fair Value Fraction
    Ordinary 6,000,000 2/3
    Preferrence 3,000,000 1/3
    Total 9,000,000

    Allocation of Proceeds
    Ordinary 5,000,000
    Preference 2,500,000 ANSWER
    Total 7,500,000

    SAIONAOI
    Share capital
    Issued 5,000,000
    Share premium
    In excess of par 2,500,000
    Treasury shares transactions 450,000
    Retained earnings 2,500,000
    10,450,000
    Treasury shares (100,000)
    10,350,000 ANSWER

    SAIONAGUD
    Fair value of services 160,000
    Par value of shares 5,000
    Share premium 155,000 ANSWER

    SAIONRA share issued par value


    amounts, prior to split 10,000 10
    effect of reverse share split 5 5
    amounts, after the split 2,000 50 ANSWER

    CASSAION

    SHARE DIVIDEND PAYABLE OR SHARE DIVIDEND DISTRIBUTABLE IS NOT A


    LIABILITY ACCOUNT. IT IS AN EQUITY ACCOUNT AND SHOULD BE
    PRESENTED UNDER EQUITY

    LEESUDNI
    Proceeds from issuance 25,000,000
    Amount attributable to warrants (3,000,000)
    Amount allocated to preference shares 22,000,000

    SAIONRABAI
    1-Jan Shares outstanding at start of year 80,000
    Apr 15% stock dividend 12,000
    outstanding after the stock dividend 92,000
    July 10% stock dividend 9,200
    outstanding after the stock dividend 101,200
    Oct Treasury shares (10,000)
    outstanding shares 91,200
    Dec Share split 4
    outstanding shares after the split 364,800 ANSWER

    SAIONASAD
    Preferred share capital 800,000
    Par value of common shares (600,000)
    Share premium on conversion 200,000 ANSWER
    SAIONRANO
    Share capital
    Issued, number of shares 60,000
    Stock dividends (15%) 9,000
    Outstanding shares 69,000
    par 50
    amount of share capital outstanding 3,450,000 answer

    PINACASAIONJUD
    Share capital
    Issued 6,000,000
    Subscribed 2,000,000
    Share premium 1,000,000
    Retained earnings
    Appropriated 1,200,000
    Unappropriated 600,000
    Revaluation surplus 400,000
    Total 11,200,000
    Treasury shares (200,000)
    11,000,000 answer

    NOBAE
    Share capital
    Issued
    Preference, no par with stated value 4,600,000
    Ordinary at par 10,500,000
    Subscribed
    Ordinary 100,000
    Share premiums
    Preference 1,610,000
    16,810,000 answer

    CASSAIONBAANI
    AMOUNT OF CONVERTIBLE PREFERENCE SHARES 15,000,000
    PAR VALUE OF ORDINARY SHARES (450,000 SHARES) (11,250,000) ANSWER
    SHARE PREMIUM - RESULT OF CONVERSION 3,750,000 ANSWER

    CASSIAION
    Issued, 500,000 shares 500,000
    Share premium 4,500,000

    REACQUISITION AND RETIREMENT PRICE 300,000


    Amount debited to share capital at par (20,000)
    Debited to share premium original issuance (180,000) answer
    Amount to debited to retained earnings 100,000 answer

    CONFIDENTCAIO
    Outstanding shares Jan 1 100,000
    Treasury shares 25,000
    Issued shares 125,000
    Issued shares after share split 375,000 answer

    Issued shares after split 375,000


    Treasury shares before split (36,000)
    Additional treasury shares acquired after split (5,000)
    334,000 answer

    CASSAIONOI
    Issued share capitShare premiumsRetained earnin
    Balances, October 2020 2,000,000 1,000,000
    Profit for the period 750,000
    Dividends for the period (380,000)
    Treasury shares acquisition
    Reissuance of treasury shares (32,000)
    Retirement of treasury shares (40,000) (8,000)
    1,960,000 992,000 338,000

    Cash 64,000
    Retained earnings 32,000
    Treasury shares 96,000

    Share capital 40,000


    Share premium 8,000
    Treasury shares 48,000

    GUAPAGAMAI
    BEFORE AFTER
    Share capital 3,000,000 500,000
    Share premium 1,500,000 1,900,000 answer
    Deficit (2,100,000) -
    2,400,000 2,400,000
    Treasury shares Total
    3,000,000
    750,000
    (380,000)
    (144,000) (144,000)
    96,000 64,000
    48,000 -
    - 3,290,000 answer

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