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P1,800,000 and P3,795,000 P1650,000 and P2,375,000 P1,800,000 and P2,225,000 P1,650,000 and P3,395,000 The accounts and balances shown below were taken from ACCCOB2 Company's trial balance
P1,800,000 and P3,795,000 P1650,000 and P2,375,000 P1,800,000 and P2,225,000 P1,650,000 and P3,395,000
The accounts and balances shown below were taken from ACCCOB2 Company's trial balance on December 31, 2020. All adjusting entries have been made: Cash Prepaid rent Inventory Investment - FVPL Accounts receivable Sinking fund asset Investment in associates Property, plant & equipment, net Patents, net Wages payable Dividends payable Taxes payable Accounts payable Bonds Payable P 175,000 136,000 820,000 153,000 366,000 525,000 1,700,000 150,000 250,000 140,000 228,000 248,000 648,000 How much should be reported in ACCCOB2's December 31, 2020 statement of financial position as current and non-current assets, respectively? 0 Pl.800.ooo and P3.795.ooo 0 P1650.ooo and 92,375.000 0 Pl.800.ooo and P2.225.ooo 0 Pl.6so.ooo and P3.395.ooo
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