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Equity and Capital Structure Analysis

The document outlines various financial transactions and calculations related to revenues, expenses, and equity for different cases involving individuals and partnerships. It includes detailed entries for income summaries, drawings, capital contributions, and share capital across multiple scenarios. Additionally, it presents the impact of these transactions on total assets and shareholders' equity.

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diabolicangel091
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6 views2 pages

Equity and Capital Structure Analysis

The document outlines various financial transactions and calculations related to revenues, expenses, and equity for different cases involving individuals and partnerships. It includes detailed entries for income summaries, drawings, capital contributions, and share capital across multiple scenarios. Additionally, it presents the impact of these transactions on total assets and shareholders' equity.

Uploaded by

diabolicangel091
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Ex 1.

1. a)
Revenues from Sales 1,600,000
Rent Income 150,000
Cost of Sales 800,000
Selling Expenses 190,000
Administrative Expenses 130,000
Interest Expense 25,000
Income Summary 605,000

Case A Income Summary 605,000


Artuz, Drawings 605,000

Artuz, Drawings 653,000


Artuz, Capital 653,000
605+ 48=653

Case B Income Summary 605,000


Artuz, Drawings (60%) 363,000
Cruz, Drawings (40%) 242,000

Case C Income Summary 121,000


Taxes Payable 121,000

Income Summary 484,000


Retained Earnings 484,000

Case A Owner’s Equity:


Artuz, Capital (500+653) P1,153,000

Case B Partners’ Equity:


Artuz, Capital(600 +363-150) P813,000
Cruz, Capital (400 + 152- 90) 462,000

Case C Shareholders’ Equity:


Share Capital P1,500,000
Retained Earnings
(175,000 + 484,000) 659,000
Total SHE P2,159,000

Ex 2.
A) No Par B) P50 Par Value Stock C)P60 Stated Value Stock
Cash P800,000 P800,000 P800,000
Share Capital P800,000 P750,000 P 600,000
Share Premium 50,000
Paid in Excess of SV 200,000
Ex. 3
a) Cash 2,750,000
Share Capital 2,750,000
2750/50= 55,000 shares
b) Cash 500,000
Share Capital 400,000
Paid In Excess of SV 100,000

c) Inventory 300,000
Share Capital 280,000
Share Premium 20,000

d. Equipment 255,000
Share Capital 155,000
Mortgage payable 100,000
155/100= 1,550 shares
Ex. 4
a) Cash (20,000 x P25) 500,000 Issued shares P1,920/20= 96,000 shares
Share Capital (20 x 20) 400,000
Share Premium 100,000 Assets: Cash P500,000
Land 1,250,000
b) Land 1,250,000 Equipment 200,000
Share Capital 1,200,000 Total Assets P1,950,000
Share Premium 50,000
SHE: Authorized to issue 100,000 shares at P20 par
c) Organization Expense 120,000 Paid in Capital (96,000 issued) P1,920,000
Share Capital 120,000 Addtl Paid In Capital 150,000
Retained Earnings (120,000)
d) Equipment 200,000 Total P1,950,000
Share Capital 200,000

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