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On January 1, 2X18, an entity leased two (2) types of machinery for executive use. The lease required the entity to make five (5) annual

On January 1, 2X18, an entity leased two (2) types of machinery for executive use. The lease required the entity to make five (5) annual payments of P1,500,000 beginning January 1, 2X18. At the end of...

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