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6. On December 31, 2018, Karen Company signed a 4-year non cancellable lease for a new machine costing Php 150,000 annual payments beginning December 31,

6. On December 31, 2018, Karen Company signed a 4-year non cancellable lease for a new machine costing Php 150,000 annual payments beginning December 31, 2018. The annual payments includes payment for...

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