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1. Ho Company issued 220,000 shares of P5 par value at P10 per share. On January 1, 2020 the retained earnings amounted to P3,300,000. In

1. Ho Company issued 220,000 shares of P5 par value at P10 per share. On January 1, 2020 the retained earnings amounted to P3,300,000. In March 2020, the entity reacquired 55,000 treasury shares at $2...

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