Prepare the adjustments on the 10-column worksheet and complete the worksheet.

Principles of Accounting The unadjusted trial balance of the E. Bibonia Company for December 31, 2020 follows: E. BIBONIA COMPANY Unadjusted Trial Balance December 31, 2020 Cash P504,000 Accounts Receivable 789,000 Prepaid Rent 144,000 Cooking Supplies 357,000 Land 530,000 Building 1,250,000 Accumulated Depreciation - Building P413,000 Cooking Equipment 870,000 Accumulated Depreciation - Cooking Equipment 212,000 Notes Payable 1,400,000 Accounts Payable 117,000 Bibonia, Capital 1,435,000 Bibonia, Withdrawals 240,000 Gourmet Cooking Revenues 2,256,000 Salaries Expense 619,000 Travel Expense 127,000 Advertising Expense 215,000 Insurance Expense 40,000 Utilities Expense 102,000 Miscellaneous Expense 46,000 Totals P5.833,000 P5.833,000 Adjustment Data: 1. One-half of the prepaid rent has expired. 2. Cooking supplies on hand at year-end amounted to P25,000. 3. Depreciation on Building and on the cooking equipment amounted to P28,000 and P52,000, respectively. 4. Accrued salaries at year-end amounted to P27,000. 5. Interest amounting to P252,000 has accrued on notes payable. Interest on the note is paid every Jan. 1. The note matures on Jan. 1, 2021. Requirement: Prepare the adjustments on the 10-column worksheet and complete the worksheet