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5. SAXOPHONE COMPANY acquires a new manufacturing equipment on 5 points January 1, 2016, on installment basis. The deferred payment contract provides for a down

5. SAXOPHONE COMPANY acquires a new manufacturing equipment on 5 points January 1, 2016, on installment basis. The deferred payment contract provides for a down payment of P300,00D and an 3รข??year not...

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