NOBLA a MA RER the / the first week of January 20x2 What is the adjusting entry on 2.Entity A received a 10%, P1,000,000, one-year, note from a customer on August 1, 20x1. Both the principal and interest on the note are due at maturity date. What is the adjusting entry 270 December 31, 20x1? on December 31, 20x1? (Round-off amounts to two decimal places) 3. Entity A issued a 12%, P350,000, one-year, note payable May 1, 20x1. Entity A uses a calendar year period. The principal and interest on the note are due on May 1, 202 What is the adjusting entry on December 31, 20x1? 4. Entity A received billing for mobile charges and internet fers for the month of December 20xi totalling P13,000. Prior to payment, what is the entry to record the receipt of the billing? 2 The of the acco 5. On March 31, 20x1, Entity A acquires a pickup truck for P1,600,000. The truck has an estimated useful life of 5 years. What is the adjusting entry on December 31, 20x1 to take up depreciation expense? c 6. Entity A's unadjusted trial balance as of December 31, 20x1 shows "Prepaid supplies" of P34,000. The year-end physical count of supplies revealed unused supplies amounting to P8,000. What is the adjusting entry? & The 7. Entity A's unadjusted trial balance as of December 31, 20x1 shows "Supplies expense" of P34,000. The year-end physical count of supplies revealed unused supplies amounting to P8,000. What is the adjusting entry? 8. Entity A's unadjusted trial balance as of December 31, 20x1 shows accounts receivable of P340,000 and no allowance for bad debts. Entity A estimates that 3% of the accounts are doubtful of collection. What is the adjusting entry