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Solve the following problems: 1. A company purchases equipment for P30,000 on July 1, 2017. It estimates that the equipment will have a salvage value

Solve the following problems: 1. A company purchases equipment for P30,000 on July 1, 2017. It estimates that the equipment will have a salvage value of P2,000 and its useful life will be 7 years. Ass...

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