ne post closing trial balance of the REYMAY Trading as of Dr Cr Cash Accounts Receivable Allowance for Doubtful Accounts Notes Receivable Accrued Interest Receivable P 82,430 P 18,000 60,000 on Notes Merchandise Inventory Unused Office Supplies Store Equipment Accumulated Depreciation - 200 20,000 2,00 8,000 800 store Equipment Office Equipment Accumulated Depreciation 12,000 1,200 Office Equipment Furniture and Fixtures Accumulated Depreciation - 8, 500 850 50,000 Furniture and Fixtures Accounts Payable Notes Payable sss and Philhealth Premiums 80,000 Payable Income Taxes Withheld Payable Accrued Interest Payable on Notes Unearned Rent Income M. Rivera, Capital 830 700 800 7,000 323,130 P484,130 P484,130 Totals A summary of the transactions and events (before adjustments) for the year 2007 is presented as net balances of the accounts as follows: Transactions, Net Effects Dr Cr pg. 39 ne post closing trial balance of the REYMAY Trading as of Dr Cr Cash Accounts Receivable Allowance for Doubtful Accounts Notes Receivable Accrued Interest Receivable P 82,430 P 18,000 60,000 on Notes Merchandise Inventory Unused Office Supplies Store Equipment Accumulated Depreciation - 200 20,000 2,00 8,000 800 store Equipment Office Equipment Accumulated Depreciation 12,000 1,200 Office Equipment Furniture and Fixtures Accumulated Depreciation - 8, 500 850 50,000 Furniture and Fixtures Accounts Payable Notes Payable sss and Philhealth Premiums 80,000 Payable Income Taxes Withheld Payable Accrued Interest Payable on Notes Unearned Rent Income M. Rivera, Capital 830 700 800 7,000 323,130 P484,130 P484,130 Totals A summary of the transactions and events (before adjustments) for the year 2007 is presented as net balances of the accounts as follows: Transactions, Net Effects Dr Cr pg. 39