How much is the gross income under accrual basis?

2 points

A taxpayer engaged in service business provides you with the following: Description 2019 Collections from services rendered-current Billings for revenues earned but uncollected Collections from uncollected billings in 2019 Collections from uncollected billings in 2020 Advance collections for services not yet rendered P600,000 500,000 300,000 2020 P800,000 200,000 470,000 50,000 200,000