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Shifters Inc. works on a P10,500,000 contracts in 2020 to construct an office building. During 2020, Shifters Inc. uses the cost to cost method. At

Shifters Inc. works on a P10,500,000 contracts in 2020 to construct an office building. During 2020, Shifters Inc. uses the cost to cost method. At December 31, 2020, the balance in certain accounts w...

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