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What total amount should be reported as shareholders equity

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Reference no: EM132982522

Question - X company presented its financial data with the following details: authorized share capital 6,000,000, Unissued share capital 3,000,000, Subscribed share capital 1,000,000, subscription receivable (collectible within 1 year) 400,000 share premium 500,000 retained earnings (including appropriation to cost of treasury shares) 900,000 treasure shares at cost 100,000. What total amount should be reported as shareholders equity?

5,000,000

4,900,000

5,100,000

5,300,000

Only memorandum entry is made in relation to the following transaction except

gives warrants to employees

donation of shares by shareholders

donation of shares by non shareholders

none of the given choices

Reference no: EM132982522

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