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. Mr. Vavalu, had the following income and expenses for the year Philippines USA Gross Sales P 2,000,000 P 500,000 Sales return 50,000 20,000 Cost

. Mr. Vavalu, had the following income and expenses for the year Philippines USA Gross Sales P 2,000,000 P 500,000 Sales return 50,000 20,000 Cost of sales 1,450,000 300,000 Deductible expenses 200,...

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