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1. Cameron D., a sole proprietor has the following data in 2021 for the first year of merchandising: Gross sales - P300,000; Cost of Sales

1. Cameron D., a sole proprietor has the following data in 2021 for the first year of merchandising: Gross sales - P300,000; Cost of Sales - P150,000; Other Income - P50,000; Selling expenses - P20,00...

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