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On January 1, 2014, Rachelle Company received a four-year P5,000,000 loan with interest payment occurring at the end of each year and the principal to

On January 1, 2014, Rachelle Company received a four-year P5,000,000 loan with interest payment occurring at the end of each year and the principal to be repaid on December 31, 2017. The interest for ...

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