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1. On April 1, 2020, Ghana Company purchased P3,000,000 12% bonds at 96 plus accrued interest. Interest is payable January 1 and July 1. The

1. On April 1, 2020, Ghana Company purchased P3,000,000 12% bonds at 96 plus accrued interest. Interest is payable January 1 and July 1. The bonds are held as trading investment. What amount is credit...

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