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Capital ending P26,000.00
Liabilities ending 10,000.00
_________
Assets ending P36,000.00
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Assets...

Authorized capital is the amount or number of shares authorized by the Securities and Exchange Commission to issue. Issue Capital is the # of shared actually issued and collected. Paid-up capital...

First thing you do is to prepare the income statement - Revenues less Expenses. Whatever the result either loss or income you close it to retained earnings. Remember to prepare a balance sheet...

1. No. Payback period = 4.8 years
2. No. Rate of Return = 13%

Please. Try this!

1. If we have P80M of variable cost which is equivalent to 75% of total revenues... finding out the break-even point in terms of peso sale simply divide the 80M to 75% and we...

Incomplete information. There should have been stock subscription, reacquired shares... this things should at least be presented otherwise you cannot compute the book value.

Cash $320
Accumulated Depreciation 820
Equipment $1,025
Loss on Sale of Equipment 115
...