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On June 1, 2018, Watt Corp. loaned Hall P300,000 on a 12% note, payable in five annual installments of P60,000 beginning January 2, 2019. In

On June 1, 2018, Watt Corp. loaned Hall P300,000 on a 12% note, payable in five annual installments of P60,000 beginning January 2, 2019. In connection with this loan, Hall was required to deposit P3,...

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