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2. On January 1, 2009, Everlasting Company purchased serial bonds with a face value of P4,000,000 and a stated interest rate of 10% to be

2. On January 1, 2009, Everlasting Company purchased serial bonds with a face value of P4,000,000 and a stated interest rate of 10% to be held to maturity. The stated interest is payable annually on D...

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