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How much is the ending balance of cash and notes payable

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Question - At the beginning of the period, Addy had a cash balance of P20,000 and a note payable of P15,000. During the period, Addy collected P11,000 accounts receivable, paid P8,000 notes payable, and issued additional notes payable of P5,000 in exchange for cash. How much is the ending balance of cash, notes payable and notes receivable?

Reference no: EM132693320

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