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Problem 21. Mr. X is engaged in both sales of goods and sales of services. He incurred a total of P10,000 entertainment, amusement, and recreation

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Problem 21. Mr. X is engaged in both sales of goods and sales of services. He incurred a total of P10,000 entertainment, amusement, and recreation expenses in 2021. Included in the amount is P1,000 kickbacks and bribe. He reported P300,000 in net sales and P700,000 in net revenue. What is the amount of deductible EAR

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