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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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