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PROBLEM 39 On January 1, 2020, William Company acquired land and building for P15,000,000, which will be used for periodic rentals to the different lessee.

PROBLEM 39 On January 1, 2020, William Company acquired land and building for P15,000,000, which will be used for periodic rentals to the different lessee. 30% is applicable to the land, and the remai...

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