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1. On January 1, 2020, Aierella Ivy Corporation purchased serial bonds with a face value of P3,000,000 and a 12% stated interest payable annual every

1. On January 1, 2020, Aierella Ivy Corporation purchased serial bonds with a face value of P3,000,000 and a 12% stated interest payable annual every December 31. The bonds are to be held as a financi...

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