Hello there. Please follow up on the homework I sent yesterday. I think I sent too much question on that. I understand so and if needed to debit from my question remaining then I dont mind. But please answer that, otherwise I just wasted my yesterday's posting and today. Kindly see my post yesterday as there is no answer yet. Im still waiting. if no one will answer please inform me so i dont wait anymore. thank you.

hello there i need help on my homework. Kindly answer all the questions. if i got too many questions then debit them to my remaining balance as necessary, i dont mind and also can you explain to me how to adjust the unadjusted account payable when it's being paid. or just kindly breakdown your answer for my better understanding. thank you.

Below is the Post-closing trial balance of Alcer Trading on December 31, 2016. Alcer Trading Post-Closing Trial Balance December 31, 2016 Cash Accounts Receivable Notes Receivable Merchandise Inventory Equipment Accumulated Depreciation Accounts Payable Alcer, Capital Total P 45,500 10,000 25,000 35,000 26,450 P 5,500 21,450 141,950 141,950 The subsidiary ledgers contain the following information: (1) accounts receivable- A. Richards P2, 500, J. Manalo P3, 500, W. Bayola P4, 000, (2) accounts payable T. Sato P10, 000, J. De Leon P6, 450 and A. Cruz P5, 000 The cost of all merchandise sold was 60% of the sales price. The transactions for January 2017 are as follows. Jan. 3 Sold merchandise to M Mendoza P10,000, terms 2/10, n30. | 5 Purchased merchandise from P Luna P12,500, terms 2/10, n/30. 7 Received a check from W Bayola P4,000, 11 Paid freight on merchandise purchased P800. 12 Paid rent of P5,000 for January 13 Received payment in full from M. Mendoza 14 Post all entries to the subsidiary ledgers. Issue a credit memo to acknowledge receipt of damaged merchandise of P500 returned by A. 15 Send A. Cruz a check for in full payment of account, discount P250 17 Purchased merchandise from M. Santos P9,600, terms 2/10, n/30. 18 Paid sales salaries of P5,800 and office salaries P6,500. 20 Gave J. De Leon a 60-day note in full payment of account payable. 23 Total cash sales amount to P18,600 24 Post all entries to the subsidiary ledgers. Sold merchandise on account to J. Manalo P10,700, terms 1/10, n/30 27 Send P Luna a check for P9,500 zu Gave J. e Leon a bu-day note in Tuil payment or account payapie 23 Total cash sales amount to P18,600 24 Post all entries to the subsidiary ledgers. Sold merchandise on account to J. Manalo P10,700, terms 1/10, n/30. 27 Send P. Luna a check for P9,500 29 Received payment on a note of P15,000 from R. Rodriguez (short-term, non-interest-bearing note). 30 Returned merchandise of P500 to M. Santos for credit. Post all journals to the subsidiary ledger. Instructions: Prepare a trial balance at January 31, 2017 Alcer Trading Trial Balance January 31, 2017