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QUESTION 1 (DIFFICULT ROUND) PRACTICAL ACCOUNTING 1 On July 1, 1995, the Barcelona, Inc. issued P6,000,000 of 7% convertible bonds with interest payment dates of

QUESTION 1 (DIFFICULT ROUND) PRACTICAL ACCOUNTING 1 On July 1, 1995, the Barcelona, Inc. issued P6,000,000 of 7% convertible bonds with interest payment dates of April and October 1. the bonds were so...

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