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    Shareholders Equity

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    Jasmine Acta
    The document outlines the shareholders' equity of a company under both the traditional and recommended International Accounting Standards (IAS) methods. Under the traditional method, shareholders' equity includes issued share capital, subscribed share capital, additional paid-in capital from various sources, retained earnings appropriated for treasury shares and sinking funds, and revaluation increments, less treasury shares. Under the IAS method, shareholders' equity includes contributed share capital, reserves from various sources, and retained earnings, less treasury shares.

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    Shareholders Equity

    Uploaded by

    Jasmine Acta
    33 views11 pages
    The document outlines the shareholders' equity of a company under both the traditional and recommended International Accounting Standards (IAS) methods. Under the traditional method, shareholders' equity includes issued share capital, subscribed share capital, additional paid-in capital from various sources, retained earnings appropriated for treasury shares and sinking funds, and revaluation increments, less treasury shares. Under the IAS method, shareholders' equity includes contributed share capital, reserves from various sources, and retained earnings, less treasury shares.

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    The document outlines the shareholders' equity of a company under both the traditional and recommended International Accounting Standards (IAS) methods. Under the traditional method, shareholders' equity includes issued share capital, subscribed share capital, additional paid-in capital from various sources, retained earnings appropriated for treasury shares and sinking funds, and revaluation increments, less treasury shares. Under the IAS method, shareholders' equity includes contributed share capital, reserves from various sources, and retained earnings, less treasury shares.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    33 views11 pages

    Shareholders Equity

    Uploaded by

    Jasmine Acta
    The document outlines the shareholders' equity of a company under both the traditional and recommended International Accounting Standards (IAS) methods. Under the traditional method, shareholders' equity includes issued share capital, subscribed share capital, additional paid-in capital from various sources, retained earnings appropriated for treasury shares and sinking funds, and revaluation increments, less treasury shares. Under the IAS method, shareholders' equity includes contributed share capital, reserves from various sources, and retained earnings, less treasury shares.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 11

    TRADITIONAL

    Shareholders' Equity
    Authorized Share Capital, P200 par, 100,000 shares
    Less: Unissued Share Capital
    Issued Share Capital
    Add: Subscribed Share Capital (5,000 shares) 4,000,000.00
    Subscription Receivable 2,800,000.00
    Additional Share Capital:
    Share Premium 200,000.00
    Share Capital from Donation 350,000.00
    Share Capital from Stock Dividend 47,500.00
    Stock Dividends Distributable (4,750 shares)
    Total Share Capital Contributed
    Retained Earnings
    Unappropriated 1,392,500.00
    Appropriated for Treasury Shares 107,500.00
    Appropriated for Sinking Fund 500,000.00
    Revaluation Increment
    Total
    Less: Treasury Shares (at cost)
    TOTAL SHAREHOLDERS' EQUITY

    RECEMMENDED BY IAS

    Shareholders' Equity
    Share Capital, 100,000 shares authorized, P200 par, 75,000 shares
    issued of which 500 shares are in the treasury
    Subscribed Share Capital (5,000 shares) 4,000,000.00
    Subscription Receivable 2,800,000.00
    Stock Dividends Distributable (4,750 shares)
    Total Contributed Share Capital
    Add: Reserves
    Share Premium 200,000.00
    Share Capital from Donation 350,000.00
    Share Capital from Stock Dividend 47,500.00
    Appropriated for Treasury Shares 107,500.00
    Appropriated for Sinking Fund 500,000.00
    Revaluation Increment 50,000.00
    Retained Earnings:
    Total
    Less: Treasury Shares (at cost)
    TOTAL SHAREHOLDERS' EQUITY
    20,000,000.00
    5,000,000.00
    15,000,000.00

    1,200,000.00

    597,500.00
    950,000.00
    17,747,500.00

    2,000,000.00
    50,000.00
    19,797,500.00
    107,500.00
    ₱ 19,690,000.00

    15,000,000.00

    1,200,000.00
    950,000.00
    17,150,000.00

    1,255,000.00
    1,392,500.00
    19,797,500.00
    107,500.00
    ₱ 19,690,000.00
    DATE PARTICULARS DEBIT
    Jan-01
    Authorized to issue 50,000 shares of preference share capital with a par value of P150 per share.

    Authorized to issue 100,000 shares of ordinary share capital with a par value of P100 per share.

    Jan-03 Cash 6,260,000.00


    Preference Share Capital
    Preference Share Premium
    Ordinary Share Capital
    Ordinary Share Premium

    Jan-05 Pre-operating Expenses 25,000.00


    Ordinary Share Capital
    Ordinary Share Premium

    Jan-10 Ordinary Share Capital Subscription Receivable 1,040,000.00


    Ordinary Share Capital Subscribed
    Ordinary Share Premium

    Cash 260,000.00
    Ordinary Share Capital Subscription Receivable

    Jan-12 Preference Share Capital Subscription Receivable 775,000.00


    Preference Share Capital Subscribed
    Preference Share Premium

    Cash 310,000.00
    Preference Share Capital Subscription Receivable

    Jan-25 Cash 780,000.00


    Ordinary Share Capital Subscription Receivable

    Ordinary Share Capital Subscribed 1,000,000.00


    Ordinary Share Capital

    Jan-26 Land 220,000.00


    Ordinary Share Capital
    Ordinary Share Premium

    Jan-27 Equipment 80,000.00


    Preference Share Capital
    Preference Share Premium

    Jun-28 Loans Payable 38,000.00


    Ordinary Share Capital
    Ordinary Share Premium

    Jun-30 Cash 465,000.00


    Preference Share Capital Subscription Receivable

    Preference Share Capital Subscribed 750,000.00


    Preference Share Capital
    CREDIT Preference Share Capital Preference Share Premium
    3,000,000.00 200,000.00
    of P150 per share. 75,000.00 25,000.00
    750,000.00 5,000.00

    f P100 per share.

    3,000,000.00
    200,000.00
    3,000,000.00 3825000 230000
    60,000.00

    Ordinary Share Capital Subscription Receivable


    Preference Share Capital Subscription Receivable
    20,000.00 1,040,000.00 260,000.00 775,000.00 310,000.00
    5,000.00 780,000.00 465,000.00

    1,000,000.00
    40,000.00

    260,000.00
    0 0

    750,000.00
    25,000.00

    310,000.00

    780,000.00

    1,000,000.00

    200,000.00
    20,000.00

    75,000.00
    5,000.00

    30,000.00
    8,000.00

    465,000.00

    750,000.00
    Ordinary Share Capital Ordinary Share Premium
    3,000,000.00 60,000.00
    20,000.00 5,000.00
    1,000,000.00 40,000.00
    200,000.00 20,000.00
    30,000.00 8,000.00

    4250000 133000

    Ordinary Share Capital SubscribedPreference Share Capital Subscribed


    1,000,000.00 1,000,000.00 750,000.00 750,000.00

    0 0
    Shareholders' Equity

    Preference Share Capital 3,825,000.00


    Ordinary Share Capital 4,250,000.00
    Total Share Capital 8,075,000.00
    Add: Share Premium
    Preference Share Premium 230,000.00
    Ordinary Share Premium 133,000.00 363,000.00
    Total Shareholder's Equity ₱8,438,000.00
    1

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