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How much should be debited to Pre-operating Expenses account for the issuance of 2,000 shares of P10 par ordinary share capital in exchange for the
How much should be debited to Pre-operating Expenses account for the issuance of 2,000 shares of P10 par ordinary share capital in exchange for the services of a lawyer amounting to P30,000 for the incorporation of the company?
a.) P 20,000
b.) P 30,000
c.) P 25,000
d.) P 50,000
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