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What amount would the donation cause shareholder

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Problem 1: On December 1, 2020, Bobcat Corporation received a donation of 2,000 shares with P 50 par value from a shareholder. On that date, the share market value was P 350. The shares were originally issued for P 250 per share. By what amount would this donation cause shareholder's equity to decrease?

Reference no: EM132945432

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