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kindly answer the following with solution, thankyou

kindly answer the following,

thankyou

need adjustment computation for number 1-3

Problem V The trial balance of the Clean Laundry on June 30, 2007 end of the current fiscal year and the data needed for year-end adjustment are presented below: Clean Laundry Trial Balance June 30, 2007 Credit P5,000 Debit Cash on hand P33,000 Accounts Receivable 50,000 Allowance for Doubtful Accounts Notes Receivable 30,000 Unexpired Insurance 3,600 Laundry Equipment 90,000 Accumulated depreciation-laundry Equip. Notes payable Carrie Clean, Capital Carrie Clean, Drawing 6,000 Laundry Income Salaries and wages 11,000 Laundry supplies expense 15,000 Taxes and Licenses 2,500 Light and Water expense 7,000 Rent expense 5,000 Interest expense 1.900 P255,000 9,000 6,000 115,000 120,000 1 1 P255,000 1 Data for adjustments: 1. Laundry supplies on hand amounted to P3,000. 2. 15% of the outstanding accounts receivable are estimated to be uncollectible. 3. The estimated life of the laundry equipment is 10 years with no scrap value. Problem V The trial balance of the Clean Laundry on June 30, 2007 end of the current fiscal year and the data needed for year-end adjustment are presented below: Clean Laundry Trial Balance June 30, 2007 Credit P5,000 Debit Cash on hand P33,000 Accounts Receivable 50,000 Allowance for Doubtful Accounts Notes Receivable 30,000 Unexpired Insurance 3,600 Laundry Equipment 90,000 Accumulated depreciation-laundry Equip. Notes payable Carrie Clean, Capital Carrie Clean, Drawing 6,000 Laundry Income Salaries and wages 11,000 Laundry supplies expense 15,000 Taxes and Licenses 2,500 Light and Water expense 7,000 Rent expense 5,000 Interest expense 1.900 P255,000 9,000 6,000 115,000 120,000 1 1 P255,000 1 Data for adjustments: 1. Laundry supplies on hand amounted to P3,000. 2. 15% of the outstanding accounts receivable are estimated to be uncollectible. 3. The estimated life of the laundry equipment is 10 years with no scrap value