After recording the previously mentioned transactions, determine the balances of the following accounts: Cash Accounts Receivable Supplies Service Vehicle Equipment Furniture Accounts Payable Notes Payable Pachicks, Capital Pachicks, Drawing Service Income Utilities Expense Salaries Expense Rent Expense Supplies Expense Gas and Oil Expense NOTE: Do not include comma and Peso signs in supplying your answer. Do not include decimal amounts/places.After determining the final balances, compute the total debits and total credits of the unadjusted trial balance O 221,000 346,000 O 356,000 O 362,000Assuming there are no adjustments. Prepare the financial statements and determine the amounts of the following: Total Expenses: Net Income Pachicks, Capital end Total Current Assets Total Non-Current Assets Total Assets Total Liabilities Total Liabilities and Equity NOTE: Do not include comma and Peso signs in supplying your answer. Do not include decimal amounts/places.Cash 38,400 Alladin, Withdrawals 7,000 Accounts Receivables 56.600 Service Revenues 64,500 Supplies 1.200 Salaries Expense 26,000 Prepaid Insurance 1,800 Rent Expense 6.000 Equipment 84.000 Advertising Expense 3.400 Accounts Payable 45.000 Utilities Expense 700 Alladin Capital 115,600 Determine the total debits and credits of the trial balance O 450.200 O 211,100 O 422.200 O 225.100Using the account balances presented below, all of which are normal, compute the cash balance of Mom Marras as of June 30, 2019, by preparing a trial balance. Accounts Payable 7.000 Accounts Receivable 14.000 Cash ??? Equipment 20,000 Supplies Expense 9,000 Service Revenue 15,000 Marras, Capital 22,000 22,000 O 1,000 44,000 11,000Below is the incomplete worksheet of Abelard Espinas Company: Unadjusted Trial Adjustments Adjusted Trial Balance Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 4,350 4,350 Accounts O 1,800 1,800 Receivable Supplies 9,720 1,050 8,670 Prepaid Insurance 2,400 100 2,300 Equipment 26,000 26,000 Accu. Depreciation- 0 375 375 Equip Accounts Payable 6,200 6,200 Salaries Payable 0 210 210 Unearned 3,000 250 2,750 Consulting Fee Espinas, Capital 30,000 30,000 Espinas, Drawing 200 200 Consulting 5,800 2,050 7,850 Revenue Rental Revenue 300 300 Depreciation 375 375 Expense- Equip Salaries Expense 1,400 210 1,610 Insurance Expense 0 100 100 Rent Expense 1,000 1,000 Supplies Expense 0 1,050 1,050 Utilities Expense 230 230 TOTAL 45,300 45,300 3,785 3,785 47.685 47,685 Using the ADJUSTED TRIAL BALANCE, answer the following: How much was the net income? How much was the total assets?2. Purchased office supplies from Da Vince Supplies Store, P5,000, on account. A. Supplies Expense 5,000 Supplies 5,000 B. Supplies Expense 5,000 Cash 5,000 C. Supplies 5,000 Cash 5,000 D. Supplies 5,000 Accounts Payable 5,000 OB OC OD O A3. Rendered services to Ralph Juice, P20,000 received in cash. A. Cash 20,000 Accounts Receivable 20,000 B. Accounts Receivable 20,000 Service Income 20,000 C. Accounts Receivable 20,000 Cash 20,000 D. Cash 20,000 Service Income 20,000 OA OD OC OB4. Purchased service vehicle for P150,000 wherein 1/3 was paid in cash and the balance by issuing a note. A. Service Vehicle 150,000 Cash 150,000 B. Service Vehicle 150,000 Cash 75,000 Notes Payable 75,000 C. Service Vehicle 150,000 Notes Payable 50,000 Cash 100,000 D. Service Vehicle 150,000 Notes Payable 100,000 Cash 50,000 OD OC O B OA5. Rendered services to Bianca Pasharp, P50,000, on account. A. Cash 50,000 Accounts Receivable 50,000 B. Cash 50.000 Service Income 50,000 C. Accounts Receivable 50,000 Service Income 50,000 D. Accounts Receivable 50,000 Cash 50,000 OC OB OA OD6. Paid the following expenses: rent- P8,000; utilities- P5,000, and gas and oil- P5,000 A. Cash 18,000 Rent Expense 8,000 Utilities Expense 5.000 Gas and oil Expense 5.000 B. Rent Expense 8,000 Utilities Expense 5,000 Gas and oil Expense 5.000 Accounts Payable 18,000 C. Rent Expense 5,000 Utilities Expense 8,000 Gas and oil Expense 5,000 Cash 18,000 D. Rent Expense 8,000 Utilities Expense 5,000 Gas and oil Expense 5.000 Cash 18,000 O B OD OC OAT". Paid 50% of the balance 'In number 4. A. Cash 50,000 Mates Payable 50,000 E. Melee Payable 75,000 Cash P5000 C. Notes Payable 50000 Cash 50,000 D. Mates Payable meme Cash 100,000 on cm 0-: QB 8. Collected 80% of Bianca Pasharp's account. A. Cash 40,000 Accounts Receivable 40,000 B. Cash 40.000 Service Income 40,000 C. Accounts Receivable 40,000 Cash 40,000 D. Accounts Payable 40,000 Cash 40,000 OD OC O A O B9. Paid salaries of two employees, P10,000 each. A. Salaries Expense 10,000 Cash 10,000 B. Cash 20,000 Salaries Expense 20,000 C. Salaries Expense 20,000 Cash 20,000 D. Cash 10,000 Salaries Expense 10,000 OB OD OC O A
