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In relation to its payables control account, at its year end of 30 April 20X1 Company A has discovered that: A contra of 85 with

In relation to its payables control account, at its year end of 30 April 20X1 Company A has discovered that: A contra of £85 with the receivables control account is required. Discount allowed to customers of £2,220 during the year to 30 April 20X1 was credited to administrative expenses and debited to the payables control account. Before these discoveries the balance on the payable control account was 72,560. 


What figure for trade and other payables Company A will have in its statement of financial position as at 30 April 20X1?

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