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Bubbles Co. issued 1,000 shares of its P5 par common stock to Atty. Ezzey as compensation for 1,000 hours of legal services performed. Atty. Ezzey
Bubbles Co. issued 1,000 shares of its P5 par common stock to Atty. Ezzey as compensation for 1,000 hours of legal services performed. Atty. Ezzey usually bills P160 per hour for legal services. On the date of issuance, the stock was trading on a public exchange at P140 per share. By what amount should the additional paid-in capital account increase as a result of this transaction
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