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On January 1, 2020 SPACE Company acquired a machine for P700,000 paying a down payment of P100,000 and the balance to be paid in two

On January 1, 2020 SPACE Company acquired a machine for P700,000 paying a down payment of P100,000 and the balance to be paid in two equal annual installments on January 1, 2021 and January 1, 2022. ...

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