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Problem 1 Yellow Company received permission on January 1, 2017 to issue 12% bonds with face amount of P6,000,000 maturing on January 1, 2027. Interest

Problem 1 Yellow Company received permission on January 1, 2017 to issue 12% bonds with face amount of P6,000,000 maturing on January 1, 2027. Interest is payable annually on December 31. On January 1...

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