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What amount should be charged or debited to furniture

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Problem 1: A corporation issues 1,000 ordinary shares for furniture and fixtures. The market value of the furniture and fixtures is P95,000 and the market value per share is P105. What amount should be charged or debited to furniture and fixtures?

Reference no: EM132729941

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What amount should be charged to furniture and fixtures : The market value of the furniture and fixtures is P95,000 and market value per share is P105. What amount should be charged or debited to furniture and fixtures

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