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3 poir How much is the total shareholder's equity if all subscription receivables are due...

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Accounting

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3 poir How much is the total shareholder's equity if all subscription receivables are due in year 2022? The accounts shown below appear in the December 31, 2020 trial balance of Hollow Corporatie Preference share, authorized, P50 par P10,000,000 Unissued preference share 3,600,000 Ordinary share, authorized, P20 par 4,000,000 Unissued ordinary share 2,000,000 Subscription receivable, preference share 380,000 Subscription receivable, ordinary share 360,000 Subscribed preference share 600,000 Subscribed ordinary share 440,000 Treasury share, preference, at cost 1,360,000 Share premium 1,700,000 Accumulated profits and losses 2,000,000 O P11,040,000 O P13,140,000 O P12,400,000 O P11,780,000

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