1. Total authorized ordinary shares.

20,000 x 15 = P 300,000

2. Total unissued ordinary shares.

2,000 x 15 = P 30,000
or
total authorized ordinary share - total issued ordinary shares
300,000 - 270,00 = P 30,000

3. Total issued ordinary shares.

18,000x15= P 270,000

4. Ordinary shares subscribed.

27,000
5. Total shareholders; equity
The total shareholders equity is P 550,000

Ceradony Corporation
Shareholder’s Equity
December 31, 2018
Share capital, P15 par, 20,000 shares authorized P 300000
Less: Unissued share capital, 2,000 shares (30,000)
Issued share capital 270,000
Share premium 95,000
Subscribed share capital 27,000
Less: Subscription receivable 17,000 10,000
Retained earnings 200,000
Total P 575000
Less: Treasury stock (25,000)
Total shareholders’ equity P 550,000

6. Number of shares issued.

18,000

7. Number of shares subscribed.

27,000/15=1,800

8. Number of shares in treasury.

1,000 shares

9. Number of outstanding shares.

18,000 - 1,000 = 17,000
5. Total shareholders; equity

Ceradony Corporation
Shareholder’s Equity
December 31, 2018
Share capital, P15 par, 20,000 shares authorized 300,000
Less: Unissued share capital, 2,000 shares 30,000
Issued share capital 270,000

Subscribed share capital 27,000

Less: Subscription receivable 17,000 10,000
Share premium in excess of par 40,000
Retained earnings 200,000
Total 520,000
Less: Treasury stock 25,000
Total shareholders’ equity 500,000

Total market value (25x3,800) 95,000

Less: Share capital stock at par (15,3,800) 57,000
Share premium in excess of par 40,000

25,000/1000=25
95,000/25=3,800 shares