A business’ building has a cost of ₱ 3,340,000 with a useful life of 10 years. On June 25,2020, the accumulated depreciation of the building has totaled ₱ 1,169,000. On the other hand, an equipment that was bought for ₱ 670,000 has a total accumulated depreciation amounting to ₱ 268,000. Last week, a 10-hectar land was purchased by the business for ₱2,500,000. How much is the Net Property, Plant and Equipment? Batman Water Station has the following assets with their corresponding amounts: Cash on hand ₱ 40,000 Inventory ₱ 230,000 Supplies on hand ₱ 32,000 Investment in equity ₱ 413,000 Marketable securities ₱ 15,000 Building, net ₱ 503,000 Prepaid rent ₱ 10,500 Account Receivable ₱ 20,500 How much is the amount of the total current assets?
A business’ building has a cost of ₱ 3,340,000 with a useful life of 10 years. On June 25,2020, the
Batman Water Station has the following assets with their corresponding amounts:
Cash on hand ₱ 40,000
Inventory ₱ 230,000
Supplies on hand ₱ 32,000
Investment in equity ₱ 413,000
Marketable securities ₱ 15,000
Building, net ₱ 503,000
Prepaid rent ₱ 10,500
How much is the amount of the total current assets?
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