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For Questions 31-35 refer to the problem below: TGD Electronic Center (TGD) repairs electronic gadgets. It employs two electricians, Shaun and Neil, who are

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For Questions 31-35 refer to the problem below: TGD Electronic Center ("TGD") repairs electronic gadgets. It employs two electricians, Shaun and Neil, who are paid weekly every Friday. Each technician earns a total of P600 per day. TGD also owns a small space and leases it to Yulje Siomai House for P5,000 per month. TGD's accounting period ends every September 30. The unadjusted net income of TGD for the year ended September 30, 2021 is PhP25,000. However, TGD has yet to record the adjustments for the following transactions: 1. On June 1, 2021, TGD loaned PhP30,000 from Sweet Tooth Bank, evidenced by a 7-month promissory note with 8% interest per annum. 2. On August 28, 2021, TGD repaired several computer equipment of Cha&Cha BPO Co. for a total ofPhP18,500. Cha&Cha BPO Co. has not paid TGD as of the end of September. 3. On September 24, 2021, Shaunand Neil received their wage for work rendered from September 20 to 24. The next payday is October 1, 2021. 4. Yulje Siomai House has not paid the September rent. Question 31 Total accrued interest expenseas of September 30, 2021 amounted to PBlank 1. Blank 1 Add your answer Question 32 After posting the adjustingentries above, total revenue will increase by PBlank 1. Blank 1 Add your answer 1 Point 1 Point Question 33 After posting the adjusting entries above, total expenses will increase by PBlank 1. Blank 1 Add your answer Question 34 The adjusted net income for the year ended September 30, 2021 is PBlank 1. Blank 1 Add your answer Question 35 If TGD does not prepare the adjusting entries for the transactions above, net income would be understated by PBlank 1. Blank 1 Add your answer 1 Point 1 Point 1 Point

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