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Gus received from a customer a one-year, P375,000 note bearing annual interest of 8%. After holding the note for six months, Gus discounted the note
Gus received from a customer a one-year, P375,000 note bearing annual interest of 8%. After holding the note for six months, Gus discounted the note at Platinum Bank at an effective rate of 10%. If th...
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
