10 columnar worksheet

Exercise 3-19. Computations of Financial Statements Components The following information are taken from the records of M. Valenzuela Company: Particulars Accounts Payable Accounts Receivable Accrued Expenses Accrued Income Accumulated Depreciation-Equipment Accumulated Depreciation-Furniture Accumulated Depreciation Office Building Allowance for Bad Debts Bonds Payable Cash in Bank Cash on Hand Equipment Furniture Interest Payable Interest Receivable Land Mortgage Payable Notes Payable (due after 15 months) Notes Payable (due after 6 months) Notes Receivable Office Building Prepaid Insurance Prepaid Rent Prepaid Supplies Unearned Income Amount P63,200 74,100 20,300 5,000 20,000 10,000 60,000 42.000 1,500,000 280,000 35,000 175,000 96,000 8,400 17,000 1,500,000 600,000 45,000 90.000 75,000 1,820,000 15,000 56,000 7,000 36,000 Compute for: (a) total current assets; (b)total non-current assets; (c) total assets; (d) total current liabilities: (e) total non-current liabilities: (1) total liabilities (g) owner's equity of M. Valenzuela Company Present computation in good format on a 10-column worksheet