question archive Mara Company provided the following data at year-end:   Authorized share capital             5,000,000 Unissued share capital  2,000,000 Subscribed share capital              1,000,000 Subscription receivable               400,000 Share premium                500,000 Retained earnings unappropriated         600,000 Retained earnings appropriated               300,000 Revaluation surplus       200,000 Treasury shares, at cost               100,000 What total amount should be reported as shareholders’ equity? a

Mara Company provided the following data at year-end:   Authorized share capital             5,000,000 Unissued share capital  2,000,000 Subscribed share capital              1,000,000 Subscription receivable               400,000 Share premium                500,000 Retained earnings unappropriated         600,000 Retained earnings appropriated               300,000 Revaluation surplus       200,000 Treasury shares, at cost               100,000 What total amount should be reported as shareholders’ equity? a

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Mara Company provided the following data at year-end:

 

Authorized share capital             5,000,000

Unissued share capital  2,000,000

Subscribed share capital              1,000,000

Subscription receivable               400,000

Share premium                500,000

Retained earnings unappropriated         600,000

Retained earnings appropriated               300,000

Revaluation surplus       200,000

Treasury shares, at cost               100,000

What total amount should be reported as shareholders’ equity?

a. 5,100,000

b.   5,500,000

c.             4,900,000

d.   4,800,000

 

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Answer:

a .

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