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What is the share capital

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Question - Perseverance Corporation was authorized at the beginning of 2014 with 300,000 authorized shares of P100, par value of ordinary shares. At December 31, 2014, the shareholders' equity section of Perseverance was as follows:

Share capital, par value P100 per share; authorized 300,000 shares; issued 30,000 shares 3,000,000.

Required - What is the share capital?

Reference no: EM132927047

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