Determine the total authorized ordinary shares

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Question - The accounts below appeared in the October, 2010 trial balance of Mix Corporation:

Ordinary Shares, P15 par, 20,000 shares authorized, 18,000 shares issued. = 270,000

Subscriptions Receivable. = 17,000

Subscribed Ordinary Shares. = 27,000

Retained Earnings. = 200,000

Share Premium. = 95,000

Treasury Stock, 1,000 shares, at cost. = 25,000

Required: From these accounts determine the following:

1. Total authorized ordinary shares.

2. Total unissued ordinary shares.

3. Total issued ordinary shares.

4. Ordinary shares subscribed.

5. Total shareholders' equity.

6. Number of shares issued.

7. Number of shares subscribed.

8. Number of shares in treasury.

9. Number of outstanding shares.

Reference no: EM132544187

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