Following is the trial balance of PMG & Co. on December 31, 2005:

Debit Credit

Cash 36,000

Accounts receivable 54,000

Allowance for doubtful debts 900

Merchandise inventory 36,000

Pre-paid salaries 4,000

Equipment 72,000

Allowance for Dep. equipment 4,500

Accounts payable 18,000

Capital 90,000

Salaries payable 10,000

Sales 362,000

Cost of goods sold 221,400

Salaries expense 35,000

Office supplies expense 9,000

Rent expense 11,520

Insurance expense 6,480

485,400 485,400

Required:

Give adjusting entries of the following information, considering each case separately: also mention what amount of salaries expenses, salaries payable and prepaid salaries should be reported in the income statement and balance sheet.

(i) If salaries payable on December 31, 2005 Rs. 12,000

(ii) If salaries payable on December 31, 2005 Rs. 6,000

(iii) If salaries expense for the year Rs. 36,000

(iv) If salaries expense for the year Rs. 30,000

(v) If salaries expense for the year Rs. 5,000