1. On August 1, 2020, Philip company had an account payable balance of 12,000. During...

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Accounting

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1. On August 1, 2020, Philip company had an account payable balance of 12,000. During the month, the company purchased office supplies of 20,000 from Alobikan on account, performed services on account of 30,000 ,and paid 5000 due to Alobikan. What is the Account payable balance on August 30, 2020

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