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How much is a company ordinary share capital

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Reference no: EM132950212

Question - A Company's ordinary share capital, P10 par at January 1, 2019 had a balance of P400,000. During the year, 50,000 additional shares were issued at P20 per share, and B Company acquired 15,000 treasury shares at a cost of P15 per share. How much is A Company's ordinary share capital at December 31, 2019?

Reference no: EM132950212

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