Shareholder's Equity Problem 2,3
Shareholder's Equity Problem 2,3
Shareholder's Equity Problem 2,3
SHAREHOLDERS EQUITY
Cash 120,000
Treasury Shares 90,000
Share Premium - Treasury shares 30,000
To record reissue of treasury Shares
Memo:
Fifteen Thousand (15,000) Share of 100 par value ordinary shares were
received as donations from various Shareholders.
Cash 400,000
Donated Capital 400,000
To record reissued donated Shares