exercise 1

Treasury Shares 200 000 ALT 2

Donated Capital 200 000

Cash 250 000

Treasury Shares 200 000
Paid-In Capital from Sale of Treasury
Shares 50 000

Upon recepit: ALT 1

Received 5 000 Ordinary Share as donation from a
major stockholder

Upon sale of donated shares:

Cash 250 000
Donated Capital 250 000

exercise 2

Preference Share Premium 120 000

Ordinary Share Capital 80 000
Paid-In Capital from Conversion of
Preference Shares into Ordinary Shares 40 000

Preference Share Capital 100 000

Preference Share Premium 20 000
Retained Earnings 80 000
Ordinary Share Capital 200 000

excercise 3
Ordinary Share Capital, P25 par 500 000
Ordinary Share Capital, P5 par 500 000

Ordinary Share Capital, P25 par 500 000

Ordinary Share Capital, P100 par 500 000

exercise 4
1 - 2:

After the donation:

Capital Shares Issued: 150 000
Outstanding 145 000

After the sale of donated shares

Capital shares issued 150 000
Outstanding 150 000

2 -2: 2: state
5-for-1 share split: 4 ord shares
Capital shares issued: 100 000 preference
Outstanding: 100 000 capital shares issued 38 000
outstanding 38 000
1-for-4 share split
Capital shares issued: 5 000
Outstanding: 5 000
ordinary
capital shares issued 108 000
outstanding 108 000
exercise 5
Jan-01 Cash 900 000
Preference Share Capital
Preference Share Premium

Feb-01 Cash 625 000

Ordinary Share Capital
Ordinary Share Premium

Jun-01 Ordinary Share Capital, P10 par 10 250 000

Ordinary Share Capital, P5 par

Jul-01 Treasury Shares 280 000

Cash

Retained Earnings 280 000

Retained Earnings Appropriated for Treasury Shares

Oct-31 Cash 240 000

Treasury Shares
Paid-In Capital for Sale of Treasury Shares

Retained Earnings Appropriated for Treasury Shares 210 000

Retained Earnings

Dec-31 Income Summary 2 500 000

Retained Earnings

Dec-31 Retained Earnings 2 620 000

Cash Dividends Payable
750 000
150 000

250 000
375 000

10 250 000

280 000

280 000

210 000
30 000

210 000

2 500 000

2 620 000
exercise 4
A. Cash 625 000
Preference Share Capital Subscription Receivable 625 000
Preference Share Capital Subscribed 1 000 000
Preference Share Premium 250 000

Cash 600 000

Ordinary Share Subscription Receivable 600 000
Ordinary Share Capital Subscribed 1 000 000
Ordinary Share Capital Premium 200 000

B. Cash 625 000

Preference Share Subscription Receivable 625 000

Peference Share Capital Subscribed 1 000 000

Preference Share Capital 1 000 000

Cash 600 000

Ordinary Share Subscription Receivable 600 000

Ordinary Share Capital Subscribed 1 000 000

Ordinary Share Capital 1 000 000

C. Treasury Shares 137 500

Cash 137 500

Retained Earnings 137 500

Retained Earnings Appropriated for Treasury Shares 137 500

D. Preference Share Capital 300 000

Preference Share Premium 75 000
Paid-In Capital from Conversion of Preference Share Capital
to Ordinary Share Capital 225 000
Ordinary Share Capital 150 000

E. Cash 93 000
Treasury Shares 75 000
Paid-In Captal from Sale of Treasury Shares 18 000

Retained Earnings Appropriated for Treasury Shares 75 000

Retained Earnings 75 000

F. Received from a Major Shareholder of 2 000 shares as Treasury Shares

G. Cash 108 000

 Donated Capital 108 000

H. Cash 60 000
Treasury Shares 50 000
Paid-In Capital from Sale of reasurt Shares 10 000

Retained Earnings Appropriated for Treasury Shares 50 000

Retained Earnings 50 000

I. Ordinary Share Capital 1 150 000

Ordinary Share Premium 200 000
Paid-In Capital from Exchange of No-Par Share Capital 660 000
Ordinary Share Capital 690 000

J. Income Summary 750 000

Retained Earnings 750 000

K. Retained Earnings 93 000

Cash Dividends Payable 93 000
Contributed Capital
Share Capital

10% Preference Share Capital, P100 par, 20 000

shares outstanding, 7 000 issued and outstanding
shares P 700 000

Ordinary Share Capital, P5 par, 2 050 000 shares

issued, 2 045 000 shares outstanding, 5 000 shares
on treasury shares 690 000 1 390 000
Additional Pain-In Capital
Preference Share Premium 175 000
Paid-In Capital from Exchange of Par to No-Par Shares 660 000
Paid-In Capital from Sale of Treasury Shares 28 000
Paid-In Capital from Conversion of Preference Share
Capital to Ordinary Share Capital 225 000
Donated Capital 108 000 1 196 000
Total Contributed Capital 2 586 000
Retained Earnings 644 500

SHAREHOLDER'S EQUITY 3 230 500

excercie 4
Contributed Capital
Share Capital
10% Preference Share Capital, P50 par, 100 000
shares issued and outstanding P 5 750 000

Ordinary Share Capital, P5 par, 2 050 000 shares

issued, 2 045 000 shares outstanding, 5 000
shares on treasury shares 10 250 000 P 16 000 000
Additional Pain-In Capital
Preference Share Premium P 1 150 000
Ordinary Share Premium 5 375 000
Paid-In Capital from Sale of Treasury Shares 30 000 6 555 000
Total Contributed Capital P 22 555 000
Retained Earnings
Unapproriated 4 310 000
Approrpriated for Treasury Shares 70 000 4 380 000
Total Contributed Capital and Retained Earnings P 26 935 000
Treasury Shares (70 000)

SHAREHOLDER'S EQUITY P 26 865 000