A, B and C borrowed P36,000 from X. the debtors signed a promissory note on January 10, 2000, promising to pay the creditor jointly and severally on or before July 10, 2000. How much can X collect from C? P18,000 P6,000 P12,000 P36,000

A, B and C borrowed P36,000 from X. the debtors signed a promissory note on January 10, 2000, promising to pay the creditor jointly and severally on or before July 10, 2000. How much can X collect from C? P18,000 P6,000 P12,000 P36,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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P18,000

P6,000

P12,000

P36,000

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