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On January 1, 2021, ABC Co. acquired 12%, Php1,200,000 bonds for Php1,144,280.83. The principal is due on December 31, 2023 and interest is due every
On January 1, 2021, ABC Co. acquired 12%, Php1,200,000 bonds for Php1,144,280.83. The principal is due on December 31, 2023 and interest is due every December 31. The effective interest rate is 14%. T...
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