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1. On its December 31, 2010 statement of financial position, Emig Corp. reported bonds payable of P5,680,000. The bonds had a P6,000,000 face value. On

1. On its December 31, 2010 statement of financial position, Emig Corp. reported bonds payable of P5,680,000. The bonds had a P6,000,000 face value. On January 2, 2011, Emig retired P3,000,000 of the ...

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