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PROBLEM 1 On December 31, 2019, Bessy Co. purchased a machine in exchange for a noninterest bearing note requiring eight payments of P200,000. The first

PROBLEM 1 On December 31, 2019, Bessy Co. purchased a machine in exchange for a noninterest bearing note requiring eight payments of P200,000. The first payment was made on December 31, 2019 and the o...

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