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On January 1, 2014, Sinister Company purchased 50,000 ordinary shares for P3,600,000 to be classified as nontrading. On December 1, 2014, the entity received 50,000

On January 1, 2014, Sinister Company purchased 50,000 ordinary shares for P3,600,000 to be classified as nontrading. On December 1, 2014, the entity received 50,000 stock rights. Each right entitled t...

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