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What amount should gutom nako show in notes

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Question - At December 31, 2021, Gutom Nako Corp. had 20,000 shares of P1 par value treasury shares that had been acquired in 2021 at P12 per share. In May 2022, The company issued 15,000 of these treasury shares at P10 per share. At December 31, 2022, what amount should Gutom Nako show in notes to financial statements as a restriction of retained earnings as a result of its treasury shares transactions?

Reference no: EM133187668

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