Question: Show complete solution. The total cash payments made by the business for the period amounted to P100,000 as follows: Purchase of equipment for business use,

Show complete solution.

The total cash payments made by the business for the period amounted to P100,000 as follows: Purchase of equipment for business use, P50,000: Salaries of the employees, P35,000; Water and electric used in business, P10,000; Taxes and licenses of the business, P5,000. How much is the total operating expense from these payments

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