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How much is the total non current liabilities of the Company? On December 31, 2020, KIKIDOYOULOVEME Company provided the following information: P1,250,000 P1,500,000 P400,000 Accounts
How much is the total non current liabilities of the Company?
On December 31, 2020, KIKIDOYOULOVEME Company provided the following information: P1,250,000 P1,500,000 P400,000 Accounts payable, including deposits and advances from customer of P250,000 Notes payable, including note payable to bank due on December 31,2022 of P500,000 Share Dividend Payable Credit balances in customer's accounts Serial bonds payable in semi-annual installment of P500,000 Premium on bonds payable Accrues interest on bonds payable Contested bIR Assessment - possible obligation P200,000 P5,000,000 P450,000 P150,000 P300,000 Unearned rent income P100,000 Notes: 1. Total liabilities of the company amounted to P10,000,000 2. There are no other noncurrent liabilities of the company aside from those listed above. 3. The serial bonds amortization for 2020 and 2021 is P62,000 and P78,000, respectivelyStep by Step Solution
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