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Posted on Sep 12, 2024

On July 1 , 2 0 2 2 , Pharoah Company pays ( $ 1 5 , 0 0 0 ) to

On July

1, 2022,

Pharoah Company pays

\ (\

15, 000 \)

to Blossom Company for a

2 -

year insurance contract. Both companies have fiscal years ending December

31 .

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