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What is the par value of the ordinary share

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Reference no: EM132796014

Levi company prepared this journal entry on February 5,2021
DR Cash 300,000
CR Share capital-ordinary 250,000
CR share premium-ordinary 50,000
The entry was to record issuance of ordinary shares at P300 per share

Problem 1: What is the par value of the ordinary share?

Reference no: EM132796014

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