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Business, 05.05.2020 04:13 deadlydazy13

He following data were compiled prior to preparing the statement of financial position of the Conviction Corporation. Authorized share capital, P100 par value P4,000,000 Cash dividends payable 160,000 Donated capital 800,000 Gain on sale of treasury shares 80,000 Net unrealized loss on available for sale securities 96,000 Premium on share capital 320,000 Premium on bonds payable 240,000 Reserve for bond sinking fund 400,000 Reserve for depreciation 600,000 Revaluation increment on property 800,000 Retained earnings, unappropriated 720,000 Subscribe share capital 480,000 Subscriptions receivables 120,000 Share warrants outstanding 200,000 Treasury shares, at cost 144,000 Unissued share capital 800,000 The total shareholders' equity is

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