CFAS Corporation issued 5,000 ordinary shares of P100 par value in exchange for a land Based on the latest tax declaration, the value assigned to the land was P700,000 On the same date, the shares were actively trading in the market at P1 50 per share The total consideration for the issuance shoul...

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CFAS Corporation issued 5,000 ordinary shares of P100 par value in exchange for a land. Based...

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Principles Of Managerial Finance

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CFAS Corporation issued 5,000 ordinary shares of P100 par value in exchange for a land. Based...

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