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In 20x1, ABC Mining Corp. acquired the right to use 1,000 acres of land to 1 p mine for gold. The lease cost is P50,000,000,
In 20x1, ABC Mining Corp. acquired the right to use 1,000 acres of land to 1 p mine for gold. The lease cost is P50,000,000, and the related exploration costs on the property amounted to P10,000,000. ...
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