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Prob 1 a. On 7/1/2020, one 1-yr old biological asset is acquired for P1,100 equal to the FVLCS on this date b. On 10/1/2020 one

Prob 1 a. On 7/1/2020, one 1-yr old biological asset is acquired for P1,100 equal to the FVLCS on this date b. On 10/1/2020 one biological asset is born. The FVLCS of a newborn on this date is P500....

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