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(5) Eastern Electronics sells most of its appliances on installment basis. How would the revenue from an P84,000 entertainment system (originally costing P68,000) payable in

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(5) Eastern Electronics sells most of its appliances on installment basis. How would the revenue from an P84,000 entertainment system (originally costing P68,000) payable in four equal annual installments be recognized if (a) delivery basis is used? or (b) installment basis is used

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