la) Examine the following items and prepare the current liability section of the company's December 31, 2019, balance sheet. a) The beginning of year 2019 accounts payable was Ush350, 000. Cash Purchases on trade accounts during the year were Ush975, 000, and payments on account were Ush95, 000.(3marks) b) The company incurs substantial costs for electricity to run its stores and air conditioning systems. As of December 31, 2019, it is estimated that Ush802, 500 of electricity has been used, although the monthly billing for December has not yet been received. (2marks)