Presented below are balances taken from the records of Sanso Corporation, as of December 31,...
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Accounting
Presented below are balances taken from the records of Sanso Corporation, as of December 31, 2020: 10% Preference Share Capital, cumulative, 100 par value = 1,000,000 Subscribed Preference Share Capital = 750,000 Subscriptions Receivable-Preference = 450,000 Ordinary Share Capital, 50 par value = 920,000 Subscribed Ordinary Share Capital = 650,000 Subscriptions Receivable-Ordinary = 220,000 Accumulated Profits = 2,410,000 Treasury Share-Ordinary, 500 shares = 35,000
How much is total shareholders equity as of December 31, 2020?
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