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71 Before any year-end adjustments were made, the profit of Pedro Co. was P2,000,000. However, the following adjustments were necessary; office supplies used, P30,000; services performed for clients but not yet collected, P65,000; interest accrued on note payable, P15,000. After recording these adjustments, the profit would be?* (1 Point) 2,020,000 2,050,000 1,890,000 1,920,000 72 Love Co. sold merchandise to Kind Co. on account, P35,000, terms 2/15, net 45. The cost of the merchandise sold is P24,500. Love Co. issued a credit memo for P3,600 for merchandise returned that originally cost P1,700. Kind Co. paid the invoice within the discount period. What is the amount of gross profit earned by Love Co. on the above transactions? * (1 Point) Enter your