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(3) Wallace, Inc. had net sales in 2020 of P1,400,000. At December 31, 2020, before adjusting entries, the balances in selected accounts were Accounts Receivable

(3) Wallace, Inc. had net sales in 2020 of P1,400,000. At December 31, 2020, before adjusting entries, the balances in selected accounts were Accounts Receivable P250,000 debit, and Allowance for Dou...

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