Scribd Logo
Upload

Welcome to Scribd!

  • Answer: B

    Uploaded by

    Ar-Reb Aquino
    11 views1 page
    The document discusses the calculation of share premium arising from the issuance of shares. It states that the carrying amount of liability was P500,000, which was 1/4 of P2,000,000. It was reduced by the par value of shares issued of P200,000, resulting in a share premium of P300,000.

    Original Description:

    Original Title

    P9-Q2

    Copyright

    © © All Rights Reserved

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document discusses the calculation of share premium arising from the issuance of shares. It states that the carrying amount of liability was P500,000, which was 1/4 of P2,000,000. It was reduced by the par value of shares issued of P200,000, resulting in a share premium of P300,000.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views1 page

    Answer: B

    Uploaded by

    Ar-Reb Aquino
    The document discusses the calculation of share premium arising from the issuance of shares. It states that the carrying amount of liability was P500,000, which was 1/4 of P2,000,000. It was reduced by the par value of shares issued of P200,000, resulting in a share premium of P300,000.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    ANSWER: B

    Question 2

    Carrying amount of liability (P2,000,000 x 1/4) P500,000


    Less par value of shares issued (200,000 x P1) 200,000
    Share premium P300,000

    You might also like