Exercises CORPORATE ACCOUNTING. EQUITY ACC OUNTS
1. A company issues 6,000 shares at 100€ par value. All shares are subscribed and paid in
full in cash.
Subsequently, this company makes an increase of its capital stock, issuing the new
shares to 150% over par value in the proportion of one new share for every six old. This
new issuance is fully subscribed and disbursed in cash.
2. A public limited company issues 100,000 shares of par value 3€. The issuance is made at
150%. All shares are subscribed and paid up to 100%.
3. A public limited company issues 400,000 shares of nominal value 3€ at 200%, being all
of them subscribed and paid out by the legal minimum.
4. A company has an accumulatived loss of € 120,000 for the year 2012 and € 80,000 for
the year 2013 and the partners contribute to the company (year 2014) to compensate
for such losses.
5. A company has a profit of € 200,000 (year 2016) and decides to distribute it following
the next requirements: to the legal reserve the minimum required by law. The by-laws
establish the obligation to provide a reserve for the same amount that is allocated to
the legal reserve. In addition it decides to compensate accumulated losses of the year
2014 by 100,000 € and the rest is destined to increase the voluntary reserve
6. A corporation issued 20,000 shares of par value 5 € at par, all of which were subscribed
and paid up to the minimum required by law.
Months later, this company makes a call of 30% of the subscribed capital and is
subsequently charged in full.
7. A corporation issued 20,000 shares of par value 5€ at 120%, all of which are subscribed
and paid in cash at the minimum required by law. The outstanding part of the
disbursement corresponds to an in-kind contribution consisting of transport elements
Months later, the company required the pending disbursement which is fully met.
8. A corporation acquires treasury stock with a total nominal value of 10,000€ paying
12,000€. Subsequently sells a 25% of the shares of the previous point at a price of
2,500€. Sometime later, sell 25% of the shares at 4,000€. The remaining 50% of the
shares redeems them by making a reduction of capital