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The assets of Cebu Company increased by P5,000,000, the liabilities increased by P3,000,000 and common stock with par of P1,000,000 was issued for P1,500,000. What was the net income for 2008? a. 2,000,000 b. 2,800,000 c. 1,300,000 d. 1,800,000 4.

Author

mark_som

Language

EN