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Date for adjustments on Dec 31, 2020: 1. Supplies count showed P500 still unused. 2. Equipment was purchased last July 1, 2019 and was depreciated

image text in transcribedimage text in transcribed Date for adjustments on Dec 31, 2020: 1. Supplies count showed P500 still unused. 2. Equipment was purchased last July 1, 2019 and was depreciated for a half year last Dec 31, 2019. 3. Prepaid insurance has been adjusted for a month last year. 4. A customer account for P1,000 is already a year past due and is certain to be uncollectible. 5. The 60-day note was issued on Dec 1 . 6. Received a bill from the building owner for rent due, P5,000. TRIML BALANCE Decenter 51.2020

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