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On January 1, 2021, MILK TEA Corporation purchased P500,000 bonds at 98. The bonds mature on January 1, 2024 and pay 12% interest beginning January

On January 1, 2021, MILK TEA Corporation purchased P500,000 bonds at 98. The bonds mature on January 1, 2024 and pay 12% interest beginning January 1, 2022. Commission paid on the acquisition amounted...

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