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"1.)Cabiao Company purchased a new printing machine on December 1 at an invoice price of P4,000,000 with terms 2/10, n/30. On December 15, Cabiao paid..."
<https://www.coursehero.com/tutors-problems/Financial-Accounting/35332724-1Cabiao-Company-purchased-a-new-printing-machine-on-December-1-at/>