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Bohol Pension House Preliminary Trial Balance January 31, 20C Cash In Bank Petty Cash Fund Debit Credit Accounts Receivable P 180,000 Estimated Uncollectible Accounts 1,500

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Bohol Pension House Preliminary Trial Balance January 31, 20C Cash In Bank Petty Cash Fund Debit Credit Accounts Receivable P 180,000 Estimated Uncollectible Accounts 1,500 Prepaid Insurance 60,000 P 1,000 Prepaid Interest (Bank Loan) 12,800 Operating Supplies 20,000 Building 58,000 Acc. Depreciation - Building 1,950,000 Furniture and Fixtures 100,000 Acc. Depreciation - Furniture & Fixtures 1,575,000 117,500 Linens and Towels 600,000 Notes Payable (Bank Loan) 785,000 D. Tabaranza, Capital 3,418,500 D. Tabaranza, Drawing 18,000 Hotel Income 144,400 Taxes and Licenses 12,880 12,120 Telephone and Postage 15,000 Laundry Expenses 12,600 Audit & Legal Fees 25,000 Salaries and Wages 13,500 Utilities Expense P4,566.400 P4,566,400 Total Data for Adjustments: a) Provision for uncollectible account should be at 5% of the outstanding receivable account. b) Unpaid salaries and wages, P8,000. ") Building is depreciated at 10% while.Furniture & Fixtures, 20% annually. d) Interest on bank loan applicable for this period, P5,000. e) Supplies actually ually on hand , P5,500. P800 of the insurance premium paid in advance has expired. Cash payment by a customer covered by invoice No. 0085 dated Jan. 31, 20c in the amount of P3,800 was not recorded. (Hotel Income). Required: 3) Balance Sheet 1) An 8-column worksheet 4) Statement of Owner's Equity 339 2 ) Income Statement

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