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Problem - The equity section of EUN Corporation as of December 31, 2018, was as follows: Share capital-ordinary, par value P2; authorized 20,000 shares; issued and outstanding 10,000 shares P 20,000 Share premium-ordinary 30,000 Retained earnings 75,000 On March 1, 2019, the board of directors declared a 15% share dividend, and accordingly 1,500 additional shares were issued. On March 1, 2019, the fair value of the share was P6 per share. For the two months ended February 28, 2019, EUN sustained a net loss of P10,000. What amount should EUN report as retained earnings as of March 1, 2019?
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ACC 302 Intermediate Accounting Assignment Help and Solution - University of Kentucky, USA. Prepare the journal entries that Shamrock should record on January
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