PROBLEM 22 - 19 (KIARA COMPANY) PROBLEM 22 - 26 (FRANTA COMPA

Retained earnings - 12/31/2021 5,000,000 Shares issued as split (80,000 x 5)

Net income for 2022 1,500,000 Less: Treasury (4,000 x 5)
Cash dividend -750,000 Outstanding
Share dividend -500,000 Share dividend of 10%
Retained earnings - 12/31/2022 5,250,000 Reissuance of treasury
Total shares outstanding
Increase in share capital 100,000
Increase in share premium 400,000 Share capital (438,000 x 10)
Share dividend 500,000
Share premium - issuance
PROBLEM 22 - 25 (BLAKE COMPANY) Share premium - dividend
Cash dividend 800,000 Share premium - treasury
Retained earnings - 12/31/2021 -600,000 Total share premium
Liquidating dividend 200,000
Share capital
DAYRON COMPANY Share premium
Ordinary shares 80,000 Retained earnings (3,000,000 - 950,
Share dividend (80,000 x 12%) 12,000 Total shareholder's equity
Total 92,000
Share dividend - June (92,000 x 10%) 9,200
Total issued shares before split 101,200

Total issued shares after split (101,200 x 4) 404,800

Treasury shares after split (10,000 x 4) -40,000
Ordinary shares 364,800
M 22 - 26 (FRANTA COMPANY)
ued as split (80,000 x 5) 400,000
sury (4,000 x 5) 20,000
380,000
dend of 10% 38,000
e of treasury 20,000
es outstanding 438,000

ital (438,000 x 10) 4,380,000

mium - issuance 800,000

mium - dividend 570,000
mium - treasury 340,000
1,710,000

4,380,000
1,710,000
earnings (3,000,000 - 950,000) 2,050,000
eholder's equity 8,140,000