Question: Please answer now 10. The following data were ascertained for the month of November in the Statement of realization and liquidation of Deficiency Corp.: Estate

Please answer now Please answer now 10. The following data were ascertained for the month

10. The following data were ascertained for the month of November in the Statement of realization and liquidation of Deficiency Corp.: Estate equity at the end of October was (P18,500). Liabilities not paid at the end of October were P310,000. Liabilities assumed were 15,800 . Assets sold and collected during the month were P235,000. Increase in assets were P36,500. Assets to be realized in December were P13,500. Liabilities to be paid in December were P30,800. Supplementary credits and charges were P100,800 and P28.750 respectively. Estate equity at the end of the November was (P12,450). 18. What is the amount of assets to be realized at the beginning of November? A. 290,100 B. 305,100 C. 278,000 D. 133,900

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