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Determine the minimum subscription and the minimum paid

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Problem - Determine the minimum subscription and the minimum paid in capital in the following cases below:

a. Arielle Corporation is being incorporated with an authorized share capital of P 3,000,000. The share capital is divided in 300,000 shares with a par value of P10 per share.

b. Julia Corporation is being organized with an share capital of P 50,000, The share capital is divided into 10,000 shares at P5 per share.

Reference no: EM132707628

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