PIDO, REA LEE JOY U. 24/04/21
(A)
2016
June 15 Cash 6,000,000
Ordinary share capital 5,000,000
Share premium-ordinary 1,000,000
Sept.30 Retained earnings (80,000 x 5% x 110) 440,000
Share dividends distributable (4,000 x100) 400,000
Share premium-ordinary 40,000
Nov.10 share dividends distributable 400,000
Ordinary share capital 400,000
Dec.31 Income Summary 1,175,000
Retained earnings 1,175,000
2017
Mar.1 treasury shares (3,000x 95) 285,000
Cash 285,000
May1 cash (1,500 x 120) 180,000
Treasury share (1,500 x 95) 142,500
Paid in capital from treasury shares 37,500
Aug.10 issued 82,500 rights to shareholders authorizing
Holders to purchase 2 additional shares for P125 per share.
(A)
2016
June 15 Cash 6,000,000
Ordinary share capital 5,000,000
Share premium-ordinary 1,000,000
Sept.30 Retained earnings (80,000 x 5% x 110) 440,000
Share dividends distributable (4,000 x100) 400,000
Share premium-ordinary 40,000
Nov.10 share dividends distributable 400,000
Ordinary share capital 400,000
Dec.31 Income Summary 1,175,000
Retained earnings 1,175,000
2017
Mar.1 treasury shares (3,000x 95) 285,000
Cash 285,000
May1 cash (1,500 x 120) 180,000
Treasury share (1,500 x 95) 142,500
Paid in capital from treasury shares 37,500
Aug.10 issued 82,500 rights to shareholders authorizing
Holders to purchase 2 additional shares for P125 per share.
