Donation from Shareholders
Donation from Shareholders Entity A receives the following donations from shareholders on December 25,20×1 a. Cash of P500,000 b. Equipment with a historical cost of P900,000 and fair value of P700,000 c. 10,000 shares with a par value of P100 and a fair value of P210. the shares were reissued on January 5, 20×2 for […]