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How much would be the recognized franchise revenue if the down payment is nonrefundable, collection of the note is reasonably assured, the franchiser has performed

How much would be the recognized franchise revenue if the down payment is nonrefundable, collection of the note is reasonably assured, the franchiser has performed services equivalent to the down payment, but substantial services remain to be performed?

a. P166,119
b. P91,119
c. P-0-
d. P75,000

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