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20.On January 1, 2020, Diamond Company purchased P5,000,000 face amount 8% bonds for P4,562,000 to be held. The bonds were purchased to yield 10% interest.
20.On January 1, 2020, Diamond Company purchased P5,000,000 face amount 8% bonds for P4,562,000 to be held. The bonds were purchased to yield 10% interest. The bond matures on January 1, 2026 and pays...
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