2: The following accounts were included in the unadjusted trial balance of Charm Company as of December 31, 2017: Accounts Amount (PHP) Cash 481,600 Accounts Receivable 1,127,000 Inventory 3,025,000 Accounts Payable 2,100,500 Accrued expenses 215,500 During your audit, you noted that Charm held its cash books open after year-end. In addition, your audit revealed the following: 1. Receipts for January 2018 of Php 327,300 were recorded in the December 2017 cash receipts book. The receipts of 180,050 represent cash sales and Php 147,250 represent collections from customers, net of 5% cash discounts. 2. Accounts payable of Php 186,200 was paid in January 2018. The payments, on which discounts of Php 6,200 were taken, were included in the December 2014 check register. 3. Merchandise inventory is value at Php 3,025,000 prior to any adjustments. The following information has been found relating to certain inventory transactions. collections from customers, net of 5% cash discounts. 2. Accounts payable of Php 186,200 was paid in January 2018. The payments, on which discounts of Php 6,200 were taken, were included in the December 2014 check register. 3. Merchandise inventory is value at Php 3,025,000 prior to any adjustments. The following information has been found relating to certain inventory transactions. a. The invoice for goods costing Php 87,500 was received and recorded as a purchase on December 31, 2017. The related goods, shipped FOB destination were received on January 4, 2018, and thus were not included in the physical inventory. b. A Php 91,000 shipment of goods to a customer on December 30, terms FOB destination are not included in the year-end inventory. The goods cost Php 65,000 and were delivered to the customer on January 3, 2017. The sale was properly recorded in 2017. C. Goods costing Php 318,750 were shipped on December 31, 2017, and were delivered to the customer on January 3, 2018. The terms of the invoice were FOB shipping point. The goods were included in the 2014 ending inventory even though the sale was recorded in 2017. C. January 3, 2017. The sale was properly recorded in 2017. Goods costing Php 318,750 were shipped on December 31, 2017, and were delivered to the customer on January 3, 2018. The terms of the invoice were FOB shipping point. The goods were included in the 2014 ending inventory even though the sale was recorded in 2017. d. Goods costing Php 108,750 were received from a vendor on January 4, 2018. The related invoice was received and recorded on January 6, 2018. The goods were shipped on December 31, 2017, terms FOB shipping point. e. f. Goods valued at Php 137,500 are on consignment with a customer. These goods are not included in the inventory figure. Goods valued at P306,400 are on consignment from a vendor. These goods are not included in the physical inventory. Based on the above and the result of your audit, determine the adjusted balances of the following as of December 31, 2017. 1. Cash? 2. Accounts Receivable? 3. Inventory? 4. Accounts Payable? 5. Current ratio