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with solution please Question 43 2 pts On January 1, 2021, Alpha Company acquired P4,000,000 of 12% face amount bonds for P3,767,000 to be held
with solution please 
Question 43 2 pts On January 1, 2021, Alpha Company acquired P4,000,000 of 12% face amount bonds for P3,767,000 to be held as financial assets at amortized cost with a 14% effective yield, Interest on bonds is payable annually on December 31 and the bonds mature on January 1, 2024. The effective interest method of amortization is used. What is the carrying amount of the bond investment on December 31, 2021? OP3,814,380 OP4,000,000 P3.767.000 OP3,719,620
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
