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On January 1, 2018 LYNX Company acquired a land and building and issued a 4 -year, 9% note with a face amount of P3,200,000. The

On January 1, 2018 LYNX Company acquired a land and building and issued a 4 -year, 9% note with a face amount of P3,200,000. The fair values of the land and building were P3,000,000 and P600,000 res...

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