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XYZ Corporation was dissolved and liquidated. On June 30, thefollowing equity balances appeared in the books:8% Preference Share Capital, P100 par = P500,000 Ordinary ShareCapital,

XYZ Corporation was dissolved and liquidated. On June 30, thefollowing equity balances appeared in the books:8% Preference Share Capital, P100 par = P500,000 Ordinary ShareCapital, P30 par = 300,00 2 answers

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