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How much is the ending capital

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Problem 1: Assets of January 2016 amounted to Php 780,000 while liabilities were 1/4 of assets. During the year, service was rendered for Php 430,000 whole Php 269,000 was incurred for various expenses. Of the total service rendered, 30% remained uncollected while Php 55,000 remained unpaid. How much is the ending capital?

Reference no: EM133007477

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