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Based on the following post-closing trial balance of Rigodon Corporation on June 30, the end of its fiscal year. Notes Payable P 25,000 Cash Accrued

Based on the following post-closing trial balance of Rigodon Corporation on June 30, the end of its fiscal year. Notes Payable P 25,000 Cash Accrued Insurance Expense 50,000 Office Equipment Unearned Rental Income $,000 1,500 P 10,000 80,000 Furniture Accum Depreciation Office Eqpmt. 8,000 40,000 Accounts Receivable 12,000 Accum Depreciation-Furniture 2,000 Unused Supplies Allow for Bad Debts 2,000 If the owners drawing is P 100.000 and the beginning owner's equity is P185,000 How much is the net profit? Q. P101,000 06 P109.000 P102.000 P121,000

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