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Find How much is accounts payable

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Problem 1: A 90-day non-interest bearing note amounting to P50,000 was issued on November 30, 2020. The prevailing interest rate is 12%. The accrued interest as of December 31, 2020 is

Problem 2: The goods you bought is worth P440,000 inclusive of 10% freight on cost. If the goods has a terms of FOB destination, freight prepaid, how much is your accounts payable?

Reference no: EM132737311

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