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    Parcor

    Uploaded by

    Tzuyushii Chou

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Parcor

    Uploaded by

    Tzuyushii Chou
    0 views7 pages

    Copyright

    © © All Rights Reserved

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    0 views7 pages

    Parcor

    Uploaded by

    Tzuyushii Chou

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 7

    1

    Memorandum Entry

    1 Ordinary shares
    Authorized to issue on April 1, 200A 100,000 ordinary at P50 par value

    3 Cash 16,000
    Subscription receivable- Ordinary shares 40,000
    Subscription receivable- Preference shares 24,000
    Subscribe Ordinary 50,000
    Subscribe Preference 30,000

    4 Cash 25,000
    Ordinary shares 25,000

    6 Cash 30,000
    Subscription receivable- Ordinary shares 78,000
    Subscription receivable- Preference shares 12,000
    Subscribe Ordinary 100,000
    Subscribe Preference 15,000
    Premium on Ordinary 4,000
    Premium on Preference 1,000

    Cash 30,000
    Subscription receivable Ordinary Shares 26,000
    Preference shares 4,000

    10 Office equipment 28,000


    Ordinary shares 28,000

    12 Organization cost 8,000


    Ordinary shares 5,000
    Preference shares 3,000

    14 Subscription receivable- Ordinary 12,750


    Subscription receivable- Preference 4,800
    Subscribe Ordinary 12,500
    Subscribe Preference 4,500
    Premium on Ordinary 250
    Premium on Preference 300

    16 Cash 45,000
    Subscription receivable Ordinary 39,000
    Subscription receivable Preference 6,000
    20 Cash 22,000
    Ordinary Share 15,000
    Preference Share 6,000
    Premium on Ordinary 600
    Premium on Preference 400

    24 Delinquent Subscription Receivable 64,000


    Subscription Receivable – Ordinary Share 40,000
    Subscription Receivable – Preference Share 24,000

    25 Delinquent Subscription Receivable 5,000


    Cash 5,000

    26 Cash 69,000
    Delinquent Subscription Receivable 69,000

    26 Subscribed Ordinary 50,000


    Subscribed Preference 30,000
    Ordinary 50,000
    Preference 30,000

    27 Cash 45,000
    Subscription receivable Ordinary 39,000
    Subscription receivable Preference 6,000

    Subscribed Ordinary 100,000


    Subscribed Preference 15,000
    Ordinary 100,000
    Preference 15,000

    Journal Entries
    1 Unissued share capital 5,000,000
    Authorized share capital 5,000,000

    Unissued share capital 1,500,000


    Authorized share capital 1,500,000

    3 Cash 16,000
    Subscription receivable- Ordinary shares 40,000
    Subscription receivable- Preference shares 24,000
    Subscribe Ordinary 50,000
    Subscribe Preference 30,000

    4 Cash 25,000
    Unissued Ordinary shares 25,000

    6 Cash 30,000
    Subscription receivable- Ordinary shares 78,000
    Subscription receivable- Preference shares 12,000
    Subscribe Ordinary 100,000
    Subscribe Preference 15,000
    Premium on Ordinary 4,000
    Premium on Preference 1,000

    10 Office equipment 28,000


    Unissued Ordinary shares 28,000

    12 Organization cost 8,000


    Uinssued Ordinary shares 5,000
    Unissued Preference shares 3,000

    14 Subscription receivable- Ordinary 12,750


    Subscription receivable- Preference 4,800
    Subscribe Ordinary 12,500
    Subscribe Preference 4,500
    Premium on Ordinary 250
    Premium on Preference 300

    16 Cash 45,000
    Subscription receivable Ordinary 39,000
    Subscription receivable Preference 6,000

    20 Cash 22,000
    Unissued Ordinary Share 15,000
    Unissued Preference Share 6,000
    Premium on Ordinary 600
    Premium on Preference 400

    24 Delinquent Subscription Receivable 64,000


    Subscription Receivable – Ordinary Share 40,000
    Subscription Receivable – Preference Share 24,000

    25 Delinquent Subscription Receivable 5,000


    Cash 5,000
    26 Cash 69,000
    Delinquent Subscription Receivable 69,000

    26 Subscribed Ordinary 50,000


    Subscribed Preference 30,000
    Ordinary 50,000
    Preference 30,000

    27 Cash 45,000
    Subscription receivable Ordinary 39,000
    Subscription receivable Preference 6,000

    Subscribed Ordinary 100,000


    Subscribed Preference 15,000
    Ordinary 100,000
    Preference 15,000

    2 At issue price
    1 ____________________No Par Ordinary Share________________________________
    Authorized to issue 1,000,000 no par value | shares with stated value of Php50 per share

    Jan. 2 Cash 255,000


    No Par Ordinary Share 255,000

    Cash 78,000
    Subscription Receivable 78,000
    Subscribed No Par Ordinary Shares 156,000

    Feb. 1
    Cash 41,600
    Subscription receivable 166,400
    Subscribed No Par Ordinary Shares 208,000

    Mar-01 Cash 150,000


    No par Ordinary share 150,000

    April. 1 Cash 78,000


    Subscription receivable 78,000

    Subscribed No Par Ordinary Share 156,000


    No Par Ordinary Share 156,000
    April 15. Cash 166,400
    Subscription receivable 166,400

    Subscribed No Par Ordinary Share 208,000


    No Par Ordinary Share 208,000

    May 6. Cash 52,000


    Subscription receivable 208,000
    Subscribed No par Value 260,000

    At stated value
    1 ____________________No Par Ordinary Share________________________________
    Authorized to issue 1,000,000 no par value | shares with stated value of Php50 per share

    Jan. 2 Cash 255,000


    Subscribed No par Ordinary Share 250,000
    Contributed Capital in Excess of stated Value 5,000

    Cash 78,000
    Subscription Receivable 78,000
    Subscribed No Par Ordinary Shares 150,000
    Contributed Capital in Excess of stated Value 6,000

    Feb. 1 Cash 41,600


    Subscription receivable 166,400
    Subscribed No Par Ordinary Shares 200,000
    Contributed Capital in Excess of stated Value 8,000

    Mar-01 Cash 150,000


    Subscribed No par Ordinary share 150,000

    Apr-01 Cash 78,000


    Subscription receivable 78,000

    Subscribed No Par Ordinary Share 150,000


    No Par Ordinary Share 150,000

    Apr-15 Cash 166,400


    Subscribed No Par Ordinary Share 166,400

    Subscribed No Par Ordinary Share 200,000


    No Par Ordinary Share 200,000
    May-06 Cash 52,000
    Subscription receivable 208,000
    Subscribed No par Value 250,000
    Contributed Capital in Excess of stated Value 10,000
    Preference shares
    Authorized to issue on April 1, 200A 50,000 preference shares at P30 par value

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