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On April 1,2020, ABC Corporation, a newly formed company, had the following shares issued and outstanding: Ordinary share, P 20 par ( 20,000 shares originally

On April 1,2020, ABC Corporation, a newly formed company, had the following shares issued and outstanding: Ordinary share, P 20 par ( 20,000 shares originally issued for P 60 per share) Preference sha...

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