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You noted the following composition of Malabon Company's cash account as of December 31, 2006 in connection with your audit: Demand deposit account P2,000,000 Time

You noted the following composition of Malabon Company's "cash account" as of December 31, 2006 in connection with your audit: Demand deposit account P2,000,000 Time deposit - 30 days 1,000,000 NSF...

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