Honduras Company revealed a balance of P8,200,000 in the accounts receivable control account at year-end.

An analysis of the accounts receivable showed the following

Problem 6 Honduras Company revealed a balance of P8,200,000 in the accounts receivable control account at year-end. An analysis of the accounts receivable showed the following: Accounts known to be worthless 100,000 Advance payments to creditors or purchase orders 400,000 Advances to affiliated entities 1,000,000 Customers' accounts reporting credit balances arising from sales returns {600,000} Interest receivable on bonds 400,000 Trade accounts receivable-unassigned 2,000,000 Subscription receivable due in 30 days 2,200,000 Trade accounts receivable-assigned {Finance Company's equity in assigned accounts is P500, 000} 1,500,000 Trade installments receivable due 1-18 months, including unearned nance charge of P50, 000 850,000 Trade accounts receivable from ofcers, due currently 150,000 Trade accounts on which postdated checks are held and no entries were made on receipt of checks 200 000 Total 8,200,000 What amount should be reported as trade accounts receivable at yea r-end