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How much is recorded in ff statement of financial position

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Question 1: FF Corp. issues 1,000 P5 par value ordinary shares and 1,000 P20 par value preference shares for a total amount of P64,000. At the issue date, the ordinary shares were selling for P36 and the preference shares were selling for P28. How much is recorded in FF's statement of financial position for the preference shares contributed capital?

Reference no: EM132894449

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