47. How much is the cost of new building? a. P5,200,000 b. P5,300,000 c. P5,805,000 d. P6,700,000 Antonov Company provided the following accounts abstracted from the unadjusted trial balance on...

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Extracted text: 47. How much is the cost of new building? a. P5,200,000 b. P5,300,000 c. P5,805,000 d. P6,700,000 Antonov Company provided the following accounts abstracted from the unadjusted trial balance on December 31, 2022: Debit 2,500,000 20,000 Credit Accounts receivable Allowance for doubtful accounts Sales 10,000,000 The company estimated that 4% of the gross accounts receivable will become uncollectible. 48. What amount should be reported as allowance for doubtful accounts on December 31, 2022? c. 120,000 d. 280,000 a. 80,000 b. 100,000 49. What amount should be recognized as doubtful accounts expense for the year 2022? c. 120,000 d. 280,000 a. 80,000 b. 100,000