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Corporation started its operation on July 1, 2019, by issuing common stock amounting toP75,000. Net income for the remainder of 2019 was P30,000 and for

Corporation started its operation on July 1, 2019, by issuing common stock amounting toP75,000. Net income for the remainder of 2019 was P30,000 and for 2020 it was P56,250. D Corporation has not issu...

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