DATE The trial balance of Diana Margallo, Interior Decorator, for December 31, 2014 appears Diana M Additional data: Prepaid rent is for the period October 1, 2018 to May 31, 2019 Depreciation rate on the equipment is 5% per year. Scrap value of P35,000. Salaries incurred but unpaid as of December 31,P12,000. The note was issued on December 11 for 30 days at 12%. Provision for bad debt is 5% of the outstanding accounts of customers. Supplies on hand. P5,000. Required: Prepare a 10-column worksheet for the year ended December 31, 2018. Prepare the adjusting entries in good form. Using the worksheet as a guide, prepare the financial statements