Question: 1. On January 1, 2019, Solid Company accepted a long-term construction project for an initial contract price of P1,000,000 to be completed on June 30,

1. On January 1, 2019, Solid Company accepted a long-term construction project for an initial contract price of P1,000,000 to be completed on June 30, 2020. On January 1, 2020, the contract price was ...

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