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Compute what the total amount paid was

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Problem 1: The term of a P300,000 purchase is 2/30; n/60; FOB, shipping point prepaid, P300. If the account is paid on the 20th day from the invoice date, the total amount paid was

Problem 2: If the total liabilities of the business is P200,000 and its capital contributed is 60% of the total assets, then the total assets is

Reference no: EM132737292

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