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Image transcription text6. Menudo Inc. acquired a welding machine with an invoice price of P 3,360,000 subject to a
cash discount of 5% which was not
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6. Menudo Inc. acquired a welding machine with an invoice price of P 3,360,000 subject to a
cash discount of 5% which was not taken. Menudo incurred freight and insurance during
shipment of P 100,000 and testing and installation cost of P 150,000. Menudo als… Show more
cash discount of 5% which was not taken. Menudo incurred freight and insurance during
shipment of P 100,000 and testing and installation cost of P 150,000. Menudo als… Show more
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7. What is the cost of the land? * Saint Beatrice Co. made the following purchases for the year: –
Purchased for Php5,400,000, including appraiser fee of Php50,000, a warehouse building and
a land on which it is located The land had an appraised value of Php2,000,000 an… Show more
Purchased for Php5,400,000, including appraiser fee of Php50,000, a warehouse building and
a land on which it is located The land had an appraised value of Php2,000,000 an… Show more
