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The total stockholders' equity as of December 31, 20x8 is a. P3,885,000 b. P3,765,000 c. P3,555,000 d. P3,665,000 Balance as on 31 December 20x7 Less:
The total stockholders' equity as of December 31, 20x8 is
a. P3,885,000 b. P3,765,000 c. P3,555,000 d. P3,665,000
Balance as on 31 December 20x7 Less: Purchase of Treasury Stock (balance of P30,000 would be financed from Balance of Share premium) Add: Reissue Balance as on 31 December 20x8 30,000 (30,000) 30,000 30,000
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
15th edition
1259994975, 125999497X, 1259631117, 978-1259631115
