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How do I solve for the following problems? An analysis of Bow Valley Company's liabilities disclosed the following: Accounts Payable, after deducting debit balances P4,000,000

How do I solve for the following problems?

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An analysis of Bow Valley Company's liabilities disclosed the following: Accounts Payable, after deducting debit balances P4,000,000 n suppliers' accounts amounting to P100,000 Accrued Expenses 1,500,000 Credit balances of customer's accounts 500,000 Stock dividend payable 1,000,000 Claims for increase in wages an allowance by 400,000 employees of the entity, covered in a pending lawsuit Estimated expenses in redeeming prize coupons 600,000 presented by customers Required: What total amount should be presented as current liabilities in the Statement of Financial Position? SAIT Company has the following liabilities as of December 31, 2020. Trade accounts payable, net of debit balance in P300,000 suppliers' account of P5,000, net of unreleased checks of P4,000 and net of postdated checks of P2,000. Credit balance in customers' accounts 2,000 Financial liability designated at FVPL 50,000 Bonds Payable (maturing in 10 equal annual 1,000,000 installments of P100,000) 12%, 5-year note payable issued on October 1, 100,000 2020 Deferred Tax Liability 5,000 Unearned Rent Income 4,000 Contingent Liability 10,000 Reserve for Contingencies 25,000 Required: How much is the total current liabilities

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