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Please answer the following problems and provide solutions for your answers. . On January 1, 2018, Serap Corp. borrowed P 3,600,000 from a major custsomer

Please answer the following problems and provide solutions for your answers. . On January 1, 2018, Serap Corp. borrowed P 3,600,000 from a major custsomer evidenced by a noninterest bearing note due...

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