Exercise 2 Nogi Company Trial Balance December 31, 2017 39,600 P54,000 45,000 45,000 105,000 324,000 Cash P237,000 59,400 Accounts Receivable Notes Receivable Merchandise Inventory 247,500 12,000 Prepaid Insurance Office Supplies 80,000 225,000 Delivery Equipment Accumulated Depreciation - Delivery Equipment Furniture and Fixtures 180,000 Accumulated Depreciation - Furniture and Fixture Accounts Payable Notes Payable N, Capital N, Drawing 50,000 Sales Sales Returns and Allowances 195,000 Purchases 1,125,000 Purchase Returns and Allowances Freight-in 12,000 Rent Expense 170,000 Commissions Expense 300,000 Utilities Expense 37,500 Office Supplies Expense 25,000 Delivery Expense 18,000 P2,963,000 2,300,000 90,000 P2,963,000 Additional pieces of information determined for December 31, 2017 are as follows: a. Depreciation of delivery equipment is P18,000 and that of Furniture and Fixture is P22,500. b. Insurance expired during the year is P6,000. c. Unpaid commissions during the year amounted to P66,000. d. Ending Inventory amounted to P450,000. e. Unpaid salaries nmounted to P54,000. f. Uncollectible accounts at year-end are estimated to be P13,500. 1. Prepare a 10-column worksheet. 3. Prepare the post-closing trial balance. the closing entries. Required: . Prepare