Reference no: EM132929665
Problem - The adjusted trial balance of VG Entertainment Company at December 31, 2020 includes the following accounts:
Share capital - Ordinary at 100 par 9,000,000
Share premium - OS 3,000,000
Share capital - Preference at P100 par 2,500,000
Share premium - PS 1,200,000
Treasury shares, at cost 2,000,000
Retained Earnings 3,000,000
Required - What amount should be reported as total shareholders' equity?
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What amount should be reported as total shareholders equity
: The adjusted trial balance of VG Entertainment Company at December 31, 2020. What amount should be reported as total shareholders' equity
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