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1'\" Cotton is under a 2-year rent contract amounting to P720000 since 1f1f202l. She will pay P180300 at the end of every quarter. starting March 1, 2021, until the full price is paid. Cotton's last record related to this transaction was on September 30. 2021. Cotton availed a 4-year P576300 fire insurance last 8f1f20. Equipment was purchased on 6/1f20. It is estimated that it could be sold for P123300 at the end of its useful life. Cotton failed to record a P300000 service that she rendered. As of 12131121. only 30% of this balance has been collected. For 2021. Cotton started off with 4 employees with monthly salaries of P15.000 each. After 3 months. she hired an additional 3 employees with a payment cutoff salary of P10.000. Payment of salaries is made every 15th and last day of the month. .1. 5% of total Accounts Receivable is expected to be uncollectible. :er II .. Provide the answer for the following questions: (3 pts. Each) 1.) How much is adjusted Interest Expense on December 31. 2021? 2.) How much is adjusted Notes Receivable on December 31. 2021? 3.) How much is adjusted Interest Income on December 31. 2021? 4.) How much was recorded to Supplies Expense on December 31. 2021 '1' 5.) How much is adjusted Supplies on December 31. 2021'? 6.) How much is adjusted Prepaid Rent on December 31. 2021'? 7.) How much was recorded to Rent Expense on December 31. 2021? 8.) How much is adjusted Prepaid Insurance on December 31. 2021? 9.} How much is adjusted Insurance Expense on December 31. 2021 '1 10.) How much is Accumulated Depreciation per year? 11.) How long is the estimated useful life of the equipment? 12.) How much is adjusted Salaries Expense on December 31. 2021? 13.) How much is adjusted Accounts Receivable on December 31. 2021? 14.) How much is adjusted Allowance for Bad Debts on December 31. 2021'? 15.) How much is adjusted Bad Debts Expense on December 31, 2021'? 16.) How much is adjusted Cash on December 31. 2021? 17.) How much is adjusted Service Income on December 31. 2021? Cotton's Laundry Services For the year ended December 31, 2021 Trial Balance Cash 5.081000 Accounts Receivable 285.000 Allowance for Bad Debts 12.000 Notes Receivable 587.000 Office Supplies Y0.000 Prepaid Rent 270.000 Prepaid Insurance 518,000 Equipment 5T3.000 Accumulated Depreciation - Eqpt 105.000 Land 5.000.000 Accounts Payable 52?.000 2.5% Notes Payable 1.500.000 Cotton. Capital 9.960.000 Cotton. Drawing 200.000 Service income 853.000 Supplies Expense 30.000 Rent Expense 270.000 Utilities Expense 89,000 12,957,000 12,957,000 The tollowing transactions refer to Cotton's Laundry Services: A. Cotton serviced for 1375.000. on account. She mistakenly recorded the promise to pay as 57,000 to Notes Receivable. B. The Notes payable was issued on 3;\" 12'20, payable after 2 years. C. Notes receivable was received on 10/ lf21 , and is payable semiannually for the next 2 years. Interest rate was twice of the Notes payable. D. Supplies amounted to P1001100 on 1.11121. 69% of total Supplies were used at yearend