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How much is the current portion of the de presented in box

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Reference no: EM132627662

Use the following information to answer the Box Co. sells service contracts that cover a sales price of each contract is F 1,000. Box evenly throughout 2017. Box's past experi total pesos spent for repairs on service co incurred evenly during the first contract y during the second contract year.

Problem 1: How much is the current portion of the de presented in Box's 2017 statement of financial

a. P200,000

b. P 500,000

C. P800,000

d. P 1,000,000

Problem 2: How much is the noncurrent portion of the be presented in Box's 2017 statement of financial

a. P300,000

b. P500,000

C. P800,000

d. P 1,000,000

Reference no: EM132627662

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