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1. NCIS Corporation, a retailer, has a gross sales of Ph13,000,000 with cost of sales of Ph5,200,000 and allowable deductions of Ph1,300,000 for the taxable

1. NCIS Corporation, a retailer, has a gross sales of Ph13,000,000 with cost of sales of Ph5,200,000 and allowable deductions of Ph1,300,000 for the taxable year ending June 30, 2021. Its total assets...

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