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What is the answer here? 2. With mortgage Andy sold his house and lot with fair value of P2,500,000 for P3,000,000 on July 1, 2010.

What is the answer here? 2. With mortgage Andy sold his house and lot with fair value of P2,500,000 for P3,000,000 on July 1, 2010. The house and lot, which was subject to P2,000,000 mortgage was acqu...

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