The following capital accounts are shown in the statement of financial position of George Corporation: Ordinary shares, 10,000 shares, par value P100  - 1,000,000 Premium on ordinary shares 20,000 Share premium - treasury shares 30,000 Accumulated profits and losses 750,000 Treasury shares, 2,000 shares at cost 250,000   The entire 2,000 treasury shares were sold for P200,000. What would be the balance of the accumulated profits and losses account after this sale?

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.