CANVAS ACTIVITY 2

Jan,01 Cash 750,000.00

Preference Shares 240,000.00
Share Premium-Preference Shares 510,000.00

Jan,02 Subscriptions Receivable 1,300,000.00

Subscribed Ordinary Shares 500,000.00
Share Premium-Ordinary Shares 800,000.00

Jan,04 Land 120,000.00

Ordinary shares 50,000.00
Share Premium-Ordinary Shares 70,000.00

Jan,06 Cash 650,000.00

Subscriptions Receivable 650,000.00

Jan,09 Cash 900,000.00

Ordinary Shares 300,000.00
Share Premium-Ordinary Shares 600,000.00

Jan,11 Cash 650,000.00

Subscriptions Receivable 650,000.00

Subscribed Ordinary Shares 500,000.00

Ordinary Shares 500,000.00
 Jan,13 Equipment 320,000.00
Preference Shares 160,000.00
Share Premium-Preference Shares 160,000.00

Jan,15 Treasury Shares 115,000.00

Cash 115,000.00

Jan,19 Cash 39,000.00

Treasury Shares 34,500.00
Share Premium-Treasury Shares 4,500.00

Jan,22 Cash 40,000.00

Share Premium-Treasury Shares 4,500.00
Retained Earnings 1,500.00
Treasury Shares 46,000.00

Jan,25 Ordinary Shares 15,000.00

Share Premium-Ordinary Shares 19,500.00
Treasury Shares 34,500.00

Jan,30 Memo

Jan,31 Cash 105,000.00

Donated Capital 105,000.00

Preference Shares 400,000.00

ordinary shares 835,000.00
Share Premium-Preference Shares 670,000.00
Share Premium-ordinary shares 1,150,500.00
Share Premium-Treasury Shares -
Donated Capital 105,000.00
Retained Earnings - 1,500.00
Total 3,159,000.00

Preference Shares 50,000 shares issued and outstanding

Ordinary Shares 167,000 shares issued and outstanding

There are no treasury shares. Thus, the number of issued and outstanding shares are the same.