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Presented below, together with account numbers, is the unadjusted trial balance of Miya Santos Travel Agency for the year ended Dec. 31, 2020 Miya Santos

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Presented below, together with account numbers, is the unadjusted trial balance of Miya Santos Travel Agency for the year ended Dec. 31, 2020 Miya Santos Travel Agency Unadjusted Trial Balance Dec . 31 , 2020 110 Cash P126,000 120 Account receivable 645,000 130 Prepaid rent 360,000 140 Office supplies 53,000 Furniture 2,175,000 155 Accumulated depreciation P435,000 210 | Notes payable 900,000 220 Accounts payable 285,000 230 Salaries payable 240 | Interest payable 310 Santos, Capital 1,680,000 320 Santos, withdrawals 1,200,000 410 Travel revenues 5,133,000 510 Salaries expense 3,771,000 520 Rent expense 530 Office supplies expense 540 Depreciation expense 550 Interest expense 560 Miscellaneous expense 93,000 Total P8,433,000 P8,433,000 Information pertaining to Santos's accounts is as follows: a. On Nov.1, 2020, Santos paid Juanita Rabena Realtors P360, 000 for six months rent on the office building commencing that date Office supplies on hand at Dec . 31, 2020 amounted to P27,000 c. Depreciation expense for the furniture amounted to P75,000 for the year d. At Dec. 31, 2020 P105,000 salaries have accrued e . The P900,000 note payable was issued on Oct. 1, 2020. It will be repaid in 12 months together with interest at an annual rate of 24% Required 1. Prepare the adjusting entries 2. Establish a ledger account for each account for each account found in the adjusted trial balance. Enter the amount found in the unadjusted trial balance into the ledger accounts. Post the adjusting entries . Compute the adjusted balances . Use page number for the journal .Prepare an adjusted trial balance

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