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. On January 1, 20x9 Castano enters into a non-cancellable contract with Recio for the sale of an excavator for P700,000. The excavator will be

. On January 1, 20x9 Castano enters into a non-cancellable contract with Recio for the sale of an excavator for P700,000. The excavator will be delivered to Recio on April 1, 20x9. The contract requ...

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