1. The company received a water bill in the amount of Php 11,500 on Dec, 26, 2016. The company intends to pay on II. C. ACCRUED EXPENSE 1.Cou January 8, 2017 Adjusting Journal Entry on December 31, 2016 DATE ACCOUNT TITLE and EXPAINATION DR CR II. D. ACCRUED INCOME A one-year, 7% note receivable in the amount of Php 300,000 was received on January 1, 2017. The interest and the principal are payable on maturity date. Give the Adjusting Journal Entry on July 30, 2017. Adjusting Journal Entry on June 30, 2016 DATE ACCOUNT TITLE and EXPAINATION DR CR 2.c Computation: Interest = Principal x Rate x Time HI. D. Bad Debts/ Doubtful Accounts 1. Accounts Receivable shows a balance of Php 350,000. It is estimated that 6% of this is uncollectible. Give the adjusting journal entry on December 31, 2017 for the provision of the estimated uncollectible account. ACCOUNT TITLE and EXPAINATION DR CR DATE 0 REDMI NOTE 8 C AI QUAD CAMERA