D borrowed from XYZ Bank P2,000,000.00 payable at the end of 5 years. Before maturity, an extraordinary deflation supervened causing the value of the debt to rise to P5,000,000.00 on the date of maturity. On due date, B must pay XYZ Bank: a. P2,000,000.00 b. P5,000,000.00 c. P800,000.00 d. P20,000,000.00

D borrowed from XYZ Bank P2,000,000.00 payable at the end of 5 years. Before maturity, an extraordinary deflation supervened causing the value of the debt to rise to P5,000,000.00 on the date of maturity. On due date, B must pay XYZ Bank: a. P2,000,000.00 b. P5,000,000.00 c. P800,000.00 d. P20,000,000.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Ee 68.
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Ee 314.