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Jerry Company purchased an equipment for P6,000,000 on January 1, 2017. The equipment had a useful life of 6 years with no residual value. On

Jerry Company purchased an equipment for P6,000,000 on January 1, 2017. The equipment had a useful life of 6 years with no residual value. On December 31, 2017, the entity classified the asset as held...

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