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show solutions. 1. On January 1, 2020 Elisha Company reported Accounts Receivable of P1,300,000, net of allowance for bad debts of P126,000. During the year,

show solutions. 1. On January 1, 2020 Elisha Company reported Accounts Receivable of P1,300,000, net of allowance for bad debts of P126,000. During the year, Sales (all on credit) amounted to P4,400,0...

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