A 1,000 shares subscription was declared delinquent. The outstanding receivables from A related to 1,000...

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Accounting

A 1,000 shares subscription was declared delinquent. The outstanding receivables from A related to 1,000 shares is P110,000.

Which of the following offers would pertain to the highest bidder?

                         Allocation of 1,000 shares.

a.)   Bidder                 Delinquent subscriber

         750                            250

b.) Bidder                    Delinquent subscriber

       400                                 600

c.) 1,000 shares  , None

d.) Bidder                  Delinquent subscriber

          500                         500 shares

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