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Examination of the records of Tivoli Company for the year ended December 31, 2021 revealed the following: During 2021, Tivoli received P40,000 as cash advance

Examination of the records of Tivoli Company for the year ended December 31, 2021 revealed the following: During 2021, Tivoli received P40,000 as cash advance from a customer for merchandise to be m...

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