Emma made a purchase of Php70,000.00 of which Php20,000.00 was on account. Accounts payable at the beginning of the year was Php35,000.00. If total payments of accounts purchases were Php25,000.00, what balance will the accounts payable show in the unadjusted trial balance at the year-end?
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Answer:
35000+20000=55000
55000-25000=30000
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