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Fried Company had the following transactions for the current year: (a) Purchased merchandise from Steamed Company, P20,000. terms: on account. (b) Paid the amount due

Fried Company had the following transactions for the current year: (a) Purchased merchandise from Steamed Company, P20,000. terms: on account. (b) Paid the amount due to Steamed Company. Discount of P...

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