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  3. on december 31, 2021, the bookkeeper of d.o. compa

On December 31, 2021, the bookkeeper of D.O. Company gave the following information: Notes...

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Accounting

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On December 31, 2021, the bookkeeper of D.O. Company gave the following information: Notes payable arising from the purchases of goods, Php 472,000; arising from loans from banks, Php200,000 on which trading securities are valued at Php280,000 have been pledged as security; arising from long-term advances by officers, Php250,000; Employees' income taxes payable Php 9,600 Advances received from customers on purchase orders, Php64,000 Accounts payable arising from purchases of goods, Php380,000 Customer accounts with credit balances arising from sales returns, Php26,000 Share dividends distributable, Php240,000 First mortgage serial bonds, Php1,500,000 payable in semi-annual installments of Php50,000 due on April 1 and October 1 of each year. Cash overdraft with ABC Commercial Bank, Php50,000 Estimated damages to be paid as a result of unsatisfactory performance on a contract, Php 24,000 Estimated expenses of meeting guarantee for service requirement on merchandise sold, Php48,000 Accrued interest on bonds payable, Php57,500 What is the sum of the total current liabilities at year-end

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