07 - Delinquent Subscription

This document discusses the provisions of RA 11232 regarding delinquent stock subscriptions. It examines what happens when collection defaults, who qualifies as the highest bidder during auction, and provides illustrative examples and journal entries to record transactions related to delinquent stock subscriptions.

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Erika Mae Legaspi

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07 - Delinquent Subscription

Uploaded by

Erika Mae Legaspi

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DELINQUENT

SUBSCRIPTION
Review of RA 11232 Provisions on
Delinquent Subscriptions
Review of RA 11232 Provisions on
Delinquent Subscriptions
Review of RA 11232 Provisions on
Delinquent Subscriptions
Review of RA 11232 Provisions on
Delinquent Subscriptions
Review of RA 11232 Provisions on
Delinquent Subscriptions
Review of RA 11232 Provisions on
Delinquent Subscriptions
What happens when there is
default in collection?
Who is the highest bidder?
Offer Price
Illustrative Example:
Illustrative Example:
Solution:
Solution:
Journal Entries to record the transactions
pertaining to this subscription:
Journal Entries to record the transactions
pertaining to this subscription:
Journal Entries to record the transactions
pertaining to this subscription:
Journal Entries to record the transactions
pertaining to this subscription:
Journal Entries to record the transactions
pertaining to this subscription:
Journal Entries to record the transactions
pertaining to this subscription:
Solution:
Solution:
Solution:
Solution:
Solution:
Solution:

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07 - Delinquent Subscription

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07 - Delinquent Subscription

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DELINQUENT

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