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Prepare a 10-column working paper, all necessary journal entries and the Tinancial statements The unadjusted trial balance of Dores Marie Paterno Hobby Shop on

  

Prepare a 10-column working paper, all necessary journal entries and the Tinancial statements The unadjusted trial balance of Dores Marie Paterno Hobby Shop on December 31, 2019 appears as follows: Dores Marie Paterno Hobby Shop Unadjusted Trial Balance December 31, 2019 Accounts Cash Accounts receivable Merchandise inventory Prepaid rent Shop equipment Accumulated depreciation Accounts payable Paterno, capital Paterno, drawings Sales Sales discount Purchases Purchase returns and allowances Transportation in Salaries expense Advertising expense Utilities expense Supplies expense Totals Debit P100,000 500,000 700,000 300,000 1,600,000 100,000 100,000 800,000 Credit P200,000 400,000 1,300,000 2,900,000 200,000 100,000 400,000 150,000 100,000 50.000 5,000,000 5,000,000

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