CT Pinklane Company Post-Closing Trial Balance December 31, 2017 (in Philippine Peso) ACCT TITLE Dr 1110 Cash in Bank 123,153 1120 Petty Cash Fund 10,000 1130 Accounts Receivable 659,340 1131 Allowance for Bad Debts 15,000 1140 Notes Receivable 132,200 1150 Merchandise Inventory, December 31, 2017 774,307 1160 Prepaid Expense 3,200 1210 Furniture and Fixture 900,000 1211 Accumulated Dep'n - Furniture and Fixture 45,000 1220 Transportation Equipment 1,400,000 1221 Accumulated Dep'n - Transportation Eqp.. 140,000 2110 Accounts Payable 960,300 2120 Notes Payable -Noncurrent 234,000 2130 SSS, PhilHealth, HDMF Payable 4,000 2140 Withholding Taxes Payable 2,600 2150 Accrued Expenses Payable 1,300 3110 Pinky Ramos, Capital 2.600.000 Totals 4.002.200 P 4,002,200 1. Compute the accounting equation for the post-closing trial balance of Pinklan Company as of December 31, 2017. 2. Prepare Statement of Financial Position as of December 31, 2017. a. Account Form b. Report Form