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What is the balance of ordinary share capital as of december

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Zack, Inc. was organized on January 1, 2018 with authorized share capital of 500,000, P10 par value ordinary shares. During 2018, Zack issued 10,000 shares at P14 each, purchased 1,000 treasury shares at P13 per share, and sold 800 of treasury shares at P15 per share.

Problem 1: What is the amount if additional paid in copital at December 31, 2018?

Problem 2: What is the balance of Ordinary share capital as of December 31, 2018?

Reference no: EM132888803

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