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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
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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