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Practice 2 (Straight-line Method) Supersonic Company was authorized to issue 12% 10-year bond with face amount of P 7,000,0 (authorization date). Interest on the bond

Practice 2 (Straight-line Method) Supersonic Company was authorized to issue 12% 10-year bond with face amount of P 7,000,0 (authorization date). Interest on the bond is payable semiannually on April ...

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