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help me please thank you 22) The following information pertains to Malabon Company as at September 30, 2022: Note payable - bank, P3,500 Accounts payable
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22) The following information pertains to Malabon Company as at September 30, 2022: Note payable - bank, P3,500 Accounts payable arising from purchase of goods, P112,500 Dividends in arrears on preference shares, not yet declared, P25,000 Share dividends payable, P20,000 Income tax payable, P13,400 Accrued liabilities, P4,200 Mortgage payable, P225,000 Customers' deposit, P8,900 Reserve for contingencies, P25,000 Based on the above date, what is the total amount of actual liabilities to be reported on the balance sheet of September 30, 2022? A. 367,500 B. 297,500 C. 437,500 D. 142,500 Step by Step Solution
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