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Problem 1: At the end of 2016, the total assets of XYZ Store amounted to P650, 000, 40% of which is current. Total liabilities are P120, 000. During the year, the company registered total revenue of P850, 000, cost of goods sold is 40% and selling and general expenses are 20%.XYZ, Capital is
Select one:
Option a. P770,000
Option b. P850,000
Option c. P530,000
Option d. P320,000
What was the balance in the investment account
what response to these Congress-people explaining the importance of neutrality in financial accounting and reporting
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