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Determine the year-end balance of the unearned revenue

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Question - During 2020, BTS company sold P 1,452,890 worth of certificates and redeemed P 1,895,200 in total. Also, P 256,080 worth of certificates expired during the given year.

The Unearned Revenue from Holiday Certificates accounts had a beginning balance of P 750,000.

Determine the year-end balance of the Unearned Revenue from Holiday Certificates account.

Reference no: EM133055459

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