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At the beginning of the current year, Hallmark Company exchanged an old packaging machine, which cost P1,200,000 and was 50% depreciated, for a used machine
At the beginning of the current year, Hallmark Company exchanged an old packaging machine, which cost P1,200,000 and was 50% depreciated, for a used machine and paid a cash difference of P 160,000. Th...
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