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SHOW YOUR SOLUTIONS. DOUBLE RULE AND ENCIRCLE FINAL ANSWER. THANKYOUUU!!!! In the latter part of 2020. What amount of loss should BASICzxc Company accrue at

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SHOW YOUR SOLUTIONS. DOUBLE RULE AND ENCIRCLE FINAL ANSWER. THANKYOUUU!!!!

In the latter part of 2020. What amount of loss should BASICzxc Company accrue at December 31, 2019? 3. In November and December of 2020, adventure Company received Php 792,000 for 1,000, 3 year subscriptions at Php 264 per Issue per year, starting with the January 2006 issue. adventure elected to include the Php 792,000 in its 2020 income statement for tax purposes. What amount should advneture report in its 2020 balance sheet as unearned subscription revenue? 4. In November and December 2020, Sweet Company, a newly organized magazine publisher, received Php 72,000 for 1,000 three year subscriptions at Php 24,000 per year, starting with the November 2020 issue of the magazine. Sweet elected to include the entire Php 72,000 in its 2020 income tax return. How much should Sweet report in its 2020 balance sheet as unearned subscriptions

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