Based on the information calculate amount and percentage of accounts payable

ASSETS CASH BEST COMPANY BALANCE SHEET December 31, 20XX ACCOUNTS RECEIVABLE TOTAL ASSETS LIABILITIES $50,000 62.5% $30,000 37.5% $80,000 100.0% ACCOUNTS PAYABLE 1 NOTES PAYABLE $2,000 2.5% TOTAL LIABILITIES 25.0% EQUITY TOTAL EQUITY $60,000 75.0% TOTAL LIABILITIES + EQUITY $80,000 100.0%