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Olibu Company has 10%, P4,000,000 loan payable as of December 31, 2019 that is maturing on July 1, 2020. The loan is dated July 1,

Olibu Company has 10%, P4,000,000 loan payable as of December 31, 2019 that is maturing on July 1, 2020. The loan is dated July 1, 2017 and pays annual interest every July 1. On February 1, 2020, Olib...

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