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On January 1, 2020 a company had the following equity balances. During 2020, the following transactions and events occurred: a) Issued 20,000 ordinary shares for

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On January 1, 2020 a company had the following equity balances. During 2020, the following transactions and events occurred: a) Issued 20,000 ordinary shares for cash at CHF6 per share. b) Purchased 20,000 ordinary shares for the treasure at CHF7 per share. c) Declared and paid cash dividend of CHF101,000. d) Sold 6,000 treasury shares for cash at CHF6 per share. e) Earned net profit of CHF12,000. Please do not use thousands separators (.). Determine the values as at 31 December 2020Answer (CHF in thousands)

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