What is qwerty total stockholders equity on december

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Problem 1: On January 10, 2020, Qwerty purchased 12,000 shares of its ordinary share at P12 per share. On December 31, 2020, Qwerty sold 8,000 treasury shares at P8 per share. Qwerty uses the cost method of accounting for treasury shares. What is Qwerty's total stockholders' equity on December 31, 2020?

Reference no: EM132779993

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