From the following accounts balances as of March 31, 2021 were taken from the records of Dr. Nup, the proprietor of Nimo Laboratories. Dr. Nup, Capital P250,000 Dr. Nup, Drawing 75,000 Laboratory Equipment 200,750 Furniture and Fixtures 45,000 Small Tools 8,550 Unused Supplies 22,365 Accumulated Depreciation - Lab Equipment 20,075 Accumulated Depreciation - Furniture and Fixtures 9,000 Cash on Hand and In Bank 22,250 Accrued Income 12,500 Notes Receivable 20,000 Notes Payable 75,000 Other Prepaid Expenses 5,750 Accrued Taxes 3,850 Accrued Utility Expenses 7,525 Other Accrued Expenses 1,390 Profit during the period 45,325 How much is the total liabilities as of March 31, 2021?

From the following accounts balances as of March 31, 2021 were taken from the records of Dr. Nup, the proprietor of Nimo Laboratories. Dr. Nup, Capital P250,000 Dr. Nup, Drawing 75,000 Laboratory...

From the following accounts balances as of March 31, 2021 were taken from the records of Dr. Nup, the proprietor of Nimo Laboratories.

Dr. Nup, Capital	P250,000
Dr. Nup, Drawing	75,000
Laboratory Equipment	200,750
Furniture and Fixtures	45,000
Small Tools	8,550
Unused Supplies	22,365
Accumulated Depreciation - Lab Equipment	20,075
Accumulated Depreciation - Furniture and Fixtures	9,000
Cash on Hand and In Bank	22,250
Accrued Income	12,500
Notes Receivable	20,000
Notes Payable	75,000
Other Prepaid Expenses	5,750
Accrued Taxes	3,850
Accrued Utility Expenses	7,525
Other Accrued Expenses	1,390
Profit during the period	45,325

How much is the total liabilities as of March 31, 2021?

Jun 10, 2022