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Investments Problem 1: On January 1, 2018, ABC Company purchased marketable equity securities for P5,000,000. The equity securities qualify as financial assets held for trading.

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Investments Problem 1: On January 1, 2018, ABC Company purchased marketable equity securities for P5,000,000. The equity securities qualify as financial assets held for trading. The ABC Company paid P50,000 as commission to the broker. How much the financial assets FVPL in the statement of financial position after the purchased

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