Homework Answers
Solution: 45,000
Working:
| Escrow liability, January 1 2019 | 30,000 |
| Monthly deposit received (P25,000 * 9 months | 225000 |
| Total | 255,000 |
| Payment for three quarters (P280,000 / 4 quarters) * 3 quarters | 210000 |
| Escrow liability, September 30' 2019 | 45,000 |
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if it is unclear for you to view plz right click the
mouse and view it in a new tab, then it shows clean images. thank
you and plz someone to answer these for me.
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