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What is credited for the excess of the reissue price

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Problem - Cartas Company held 10,000 shares of P10 par value as treasury reacquired for P120,000. At year- end, the entity reissued all 10,000 shares for P190,000. What is credited for the excess of the reissue price over the cost of the treasury shares?

Reference no: EM132929111

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