Reference no: EM133610027
Question: Based on the following adjusted trial balance of Lyndon Company on December 31, 200C, the end of the accounting period P 67,075 70,000 176,500 Cash Note Receivable Accounts Receivable Allowance for Bad Debts Merchandise Inventory, Jan. 1 Fumiture & Fixtures 5,400 60,900 34,100 Accumulated Depreciation - Furn. & Foxt. Office Equipment Accumulated Depreciation - Office Eaoat Note Payable 3,100 15,500 1,500 20,000 Accounts Payable Leonard Capital Leonard Drawing Sales Sales Returns 94,750 265,000 9,500 572,875 11,000 6,400 390,750 5,415 Sales Discount Purchases Freight in Purchase Returns Purchase discount 3,630 6,885 Salaries Expense Rent Expense Insurance expense Office supplies expense Rental Income 99.550 24,000 5,250 2,200 5,000 Additional information: Merchandise Inventory, December 31, P 76,000 How much are the total liabilities?