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1. Jimin Company purchased equipment for P3,200,000 on January 1, 2019, with a useful life of 8 years and no residual value. On December 31,

1. Jimin Company purchased equipment for P3,200,000 on January 1, 2019, with a useful life of 8 years and no residual value. On December 31, 2019, the entity classified assets as held for sale. The fa...

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