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The shareholders' equity of Sorr Co. shows the following balances on December 31, 2020: 10% Preference share, cumulative and nonparticipating, P100 par with a liquidation

The shareholders' equity of Sorr Co. shows the following balances on December 31, 2020: 10% Preference share, cumulative and nonparticipating, P100 par with a liquidation value of P110, 20,000 shares ...

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