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Problem 1 On January 1, 2019, KQ Company purchased bonds with face amount of P5,000,000. The entity paid P4,600,000 plus transaction cost of P142,000. The

Problem 1 On January 1, 2019, KQ Company purchased bonds with face amount of P5,000,000. The entity paid P4,600,000 plus transaction cost of P142,000. The bonds mature on December 31, 2021 and pay 6% ...

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