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On January 1, 2021, Milka Company issued bonds payable with a face amount of P1,200,00 and a stated rate of 8% at P93.66 with an

On January 1, 2021, Milka Company issued bonds payable with a face amount of P1,200,00 and a stated rate of 8% at P93.66 with an effective rate of 10%. The bonds have a 4-year term and interest is pay...

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