Answer this pls!!! I will give a positive feedback if someone answer this. Thanks!!! :) ps. Pls look at the pictures because the spacing of text is not alligned and organize. 1.The following trial balance of Marquez Equipment Rental, as of December 31, 2020, contains the following account balances. MARQUEZ EQUIPMENT RENTAL Trial Balance December 31, 2011 Debit Credit Cash P 55,600 Accounts Receivable 32,500 Office Supplies 8,000 Prepaid Rent 58,500 Prepaid Insurance 11,760 Equipment 192,000 Accumulated Depreciation Equipment Accounts Payable P 31,150 E. Marquez, Capital 262,030 E. Marquez, Drawing 22,600 Rental Service Revenue 627,100 Salaries Expense 390,000 Utilities Expense 74,800 Travel Expense 58,720 Miscellaneous Expense 19,800 Total P 920,280 P 920,280

Adjustment data at December 31 are as follows: (a) Rent expense for the year amounts to P4,875. (b) Unexpired insurance at December 31, amounts P10,780. (c) The equipment acquired on Sept. 1, is to be depreciated at P38,400 per year. (d) Salaries incurred but unpaid at December 31, amounts to P7,500. (e) Unused office supplies at December 31, P3200. (f) Accrued Rental Service at December 31, P5,800. Instructions: Prepare the following: 1) a 10-column worksheet; 2) Journalized the adjusting and closing entries 3) Income Statement; Capital Statement; and Balance Sheet 4) And Post-closing Trial Balance 5) Journalized the reversing entries

---------------------------------------------- Answer this pls! I will give a positive feedback if someone answer this. ps. Look at the picture because the spacing of text is not alligned and organize. Thankss! :)

2. From the following selected accounts that Persevering Auto Repair Shop reported in its June 30, FY end annual financial statements, prepare the entitys closing entries. Zeny Allen, capital 782,600 Interest expense 24,750 Service Revenue 280,500 Accounts receivable 282,000 Unearned service revenue 30,380 Salary payable 19,020 Salary expense 148,750 Depreciation expense 23,500 Accumulated Depreciation- Equip 87,500 Rent expense 22,750 Supplies Expense 3,230 Z. Allen, drawing 48,000 Interest Revenue 11,750 Supplies 20,750

EXERCISES 1.The following trial balance of Marquez Equipment Rental, as of December 31, 202 contains the following account balances. MARQUEZ EQUIPMENT RENTAL Trial Balance December 31, 2011 Credit Debit Cash P 55,600 Accounts Receivable 32,500 Office Supplies 8,000 Prepaid Rent 58,500 Prepaid Insurance 11,760 Equipment 192,000 Accumulated Depreciation - Equipment Accounts Payable E. Marquez, Capital E. Marquez, Drawing 22,600 Rental Service Revenue Salaries Expense 390,000 Utilities Expense 74,800 Travel Expense 58,720 Miscellaneous Expense 19,800 P 31,150 262,030 627,100 Total P 920.280 P 920.280 ACCOUNTING PRINCIPLES Adjustment data at December 31 are as follows: (a) Rent expense for the year amounts to P4,875. (b) Unexpired insurance at December 31, amounts P10,780. (c) The equipment acquired on Sept. 1, is to be depreciated at P38,400 per year. (d) Salaries incurred but unpaid at December 31, amounts to P7,500. (e) Unused office supplies at December 31, P3200. (f) Accrued Rental Service at December 31, P5,800. Instructions: Prepare the following: 1) a 10-column worksheet; 2) Journalized the adjusting and closing entries 3) Income Statement; Capital Statement; and Balance Sheet 4) And Post-closing Trial Balance 5) Journalized the reversing entries 2. From the following selected accounts that Persevering Auto Repair Shop reported in its June 30, FY end annual financial statements, prepare the entity's closing entries. Zeny Allen, capital 782,600 Interest expense 24,750 Service Revenue 280,500 Accounts receivable 282,000 Unearned service revenue 30,380 Salary payable 19,020 Salary expense 148,750 Depreciation expense 23,500 Accumulated Depreciation- Equip 87,500 Rent expense 22,750 Supplies Expense 3,230 Z Allen, drawing 48,000 Interest Revenue 11,750 Supplies 20,750 GENERAL JOURNAL Page 3 Date Description P/R Debit Credit