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What aggregate amount should be debited to retained earnings

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Question - James Company declared and distributed 10% share dividend with fair value of P1,000,000 and par value of P700,000, and 30% share dividend with fair value of 2,500,000 and par value of P2,000,000. What aggregate amount should be debited to retained earnings for the share dividends?

Reference no: EM133164682

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