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Problem #2 14 maldon The unadjusted trial balance of the E. Bibona Company for Dec. 31, 2005 follows: a bebivori wal xet ots logioo ni
Problem #2 14 maldon The unadjusted trial balance of the E. Bibona Company for Dec. 31, 2005 follows: a bebivori wal xet ots logioo ni pnisilsioage wsywal s al sled nlou Cash P 504,000 POOS 18 19dme380 Accounts Receivable 789,000 Prepaid Rent tesivibe legal sish 144,000 Cooking Supplies 357,000 Land 530,000 Building 1,250,000 Accumulated Depreciation-Building P 413,000 Cooking Equipment aslig 870,000 Accumulated Depreciation-Cooking Equipment Donsquent bisasys 212,000 Notes Payable .alup3 soitto 1,400,000 Accounts Payable qiup istugmod 117,000 Bibonia, Capital sidsys9 2910M 1,435,000 Bibonia, Withdrawals elders 240,000 Gourmet Cooking Revenues 2,256,000 Salaries Expense books Isweb 619,000 Travel Expense esti evo> 127,000 Advertising Expense 215,000 Insurance Expense 9:negx 40,000 Micellaneous Expense 090 03 102,000 Fotatssupplies expense 46,000 total 90.060,gee P 5,833,000 P 5,833,000 Additional information: a. One-half of the prepaid rent has expired. alnerlaubs the-inby not nouispoint b. cooking supplies on hand at year-end amounted to P25,000. c. Depreciation on the building and on the cooking equipment amounted to P28,000 and P52,000, respectively. aye to atil belosqxe d. Accrued salaries at the year-end amounted to P27,000. e. Interest amounting to P252,000 has accrued on notes payable. no beestlong Required: 1. Prepare the adjusting entries on the worksheet and complete the
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