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Ken McKenzie's business paid P6,000-worth of gas bills during the year. At the beginning of the year P700 was owing for gas, and at the
Ken McKenzie's business paid P6,000-worth of gas bills during the year. At the beginning of the year P700 was owing for gas, and at the end of the year P900 was owing for gas. How much would be shown as the gas expense in the Statement of Profit or Loss of Ken McKenzie's business for the year? P6,000 P5,800 P6,200 P7,600
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