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Problem 2: On January 1, 2020, North Company acquired a machinery with cash price of P750,000 for P1,000,000. The entity paid P200,000 and signed a

Problem 2: On January 1, 2020, North Company acquired a machinery with cash price of P750,000 for P1,000,000. The entity paid P200,000 and signed a noninterest bearing promissory note for the balance ...

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