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Pinoy Company acquired 80% of the outstanding shares of Smart Company by issuing 130,000 shares of its P10 par value ordinary shares on January 2,

Pinoy Company acquired 80% of the outstanding shares of Smart Company by issuing 130,000 shares of its P10 par value ordinary shares on January 2, 2021. The fair value of Pinoy's share was P15. On thi...

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