ASSIGNMENT NO. 11 The unadjusted trial balance of Byron Company is presented below: BYRON COMPANY Unadjusted Trial Balance December 31, 2019 Account Titles Debit Credit Cash 150,000.00 Accounts Receivable 90,000.00 Prepaid Insurance 12,000.00 Supplies 5,000.00 Land 1,000,000.00 Building 2,500,000.00 Accumulated Depreciation P 250,000.00 Accounts Payable 40,000.00 Unearned Rent Income 400,000.00 10% Notes Payable 800,000.00 Byron, Capital 1,737,000.00 Byron, Drawing 50,000.00 Rent Income 600,000.00 Utilities Expense 20,000.00 Totals P 3,827,000.00 P 3,827,000.00 Additional Information: 1. The one year prepaid insurance was paid on October 31, 2019. 2. The supplies on hand on December 31, per physical count amounted to Php. 1,200. 3. Depreciation on the building amounted to Php. 25,000 4. Php. 100,000 of the unearned revenue has been earned on June 30, 2019. 5. Salaries of Php. 10,000 have accrued at year end 6. The note was issued on April 1, 2019 Required: 1. Prepare the adjusting entries. 2. Prepare the Worksheet