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ASAP. Please show solution Question 13 Nicanor, head of the family,...

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Accounting

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Question 13 Nicanor, head of the family, died in 2020. The list of his properties is given below: House and lot (family home) - Php 25,000,000 Cash in bank (Philippines) - Php 5,000,000 Jewelries - Php 5,000,000 Personal properties - Php 5,000,000 During settlement of estate, the following information were provided: Funeral and judicial expenses - Php 1,000,000 Claims against estate (unpaid medical expenses) Php 2,000,000 Claims against the estate (loan) - Php 2,000,000 Losses - Php 2,000,000 How much is the NET DISTRIBUTABLE ESTATE

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