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Make statement of shareholders equity should report

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On April 1, 2019, DEF Corp., a newly formed company, had the following stock issued and outstanding:

  1. Ordinary shares, P1 par value, 20,000 shares originally issued for P30 per share.
  2. Preference shares, P10 par value, 6,000 shares originally issued for P50 per share.

Problem 1: DEF's April 1, 2019, statement of shareholders' equity should report

Reference no: EM132885298

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