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On January 1, 2017 ABC Corp. leased a warehouse for 4 years at an annual rental of P400,000 payable every December 31. The equipment had

On January 1, 2017 ABC Corp. leased a warehouse for 4 years at an annual rental of P400,000 payable every December 31. The equipment had an estimated life of 6 years and shall revert back to the lesso...

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