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On January 1, 2020, Lara Company aqcuired a tract of land for P6,750,000. The entity paid P1,750,000 down and signed a noninterest bearning note for

On January 1, 2020, Lara Company aqcuired a tract of land for P6,750,000. The entity paid P1,750,000 down and signed a noninterest bearning note for the balance which is due on January 1, 2023. Ther...

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