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Government Accounting Question: A Government Entity purchased a printing equipment from a VAT-registered seller for P112,000. The seller offered a trade discount of 10%. It
Government Accounting Question:
A Government Entity purchased a printing equipment from a VAT-registered seller for P112,000. The seller offered a trade discount of 10%. It also cost P10,000 for training the employee to use printing equipment. What is the initial measurement of the equipment?
A. P100,000
B. P100,800
C. P110,800
D. P90,000
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