1. The trial balance of Ty's business which started only on November 1, 2022 appears next page with the following information: a) Computer system has a useful life of 5 years after which scrap value will be P5,000. b) The office equipment has a useful life of 5 years. Scrap value will be P20,000. c) Supplies unused amounted to P500. d) Revenue includes P7,500 already collected but not due for consultancy until 2024. e) December utility bills for P5,000 were received only on January 2024. f) Salaries of a newly hired secretary have not been paid P15,000 a month with Payroll deductions to be computed based on the agency requirements for SSS, PH and Pag-ibig. g) Accrue employer's payroli liability also. Business Solution Company Trial Balance December 31, 2022 Required: a) Prepare the adjusting entries. b) Open a chart of accounts. Create your account numbers. Post the balances coming from the trial balance then post the adjusting entries. c) Prepare an adjusted trial balance from the balances of the general ledger accounts. 1. The trial balance of Ty's business which started only on November 1, 2022 appears next page with the following information: a) Computer system has a useful life of 5 years after which scrap value will be P5,000. b) The office equipment has a useful life of 5 years. Scrap value will be P20,000. c) Supplies unused amounted to P500. d) Revenue includes P7,500 already collected but not due for consultancy until 2024. e) December utility bills for P5,000 were received only on January 2024. f) Salaries of a newly hired secretary have not been paid P15,000 a month with Payroll deductions to be computed based on the agency requirements for SSS, PH and Pag-ibig. g) Accrue employer's payroli liability also. Business Solution Company Trial Balance December 31, 2022 Required: a) Prepare the adjusting entries. b) Open a chart of accounts. Create your account numbers. Post the balances coming from the trial balance then post the adjusting entries. c) Prepare an adjusted trial balance from the balances of the general ledger accounts