Problem #5 Comprehensive Problem Presented below is the unadjusted trial balance of the Leah May Santiago Information Systems for the year ended Dec. 31, 2021: Leah May Santiago Information Systems Unadjusted Trial Balance Dec. 31, 2021 P 45,000 Cash 360,000 Notes Receivable Accounts Receivable 156,000 63,000 Office Supplies 300,000 Land Building 1,590,000 Accumulated Depreciation-Building P 254,000 Equipment 2,150,000 Accumulated Depreciation-Equipment 612,000 Accounts Payable 213,000 Unearned Consulting Revenues 450,000 Santiago, Capital, 1/1/2021 2,655,000 Santiago, Withdrawals 600,000 Consulting Revenues Salaries Expense Repairs Expense 2,108,000 875,000 116,000 Miscellaneous Expense Totals Additional information: 37,000 P6,292,000 P6,292,000 a. Office supplies on hand as at Dec. 31, 2021 is P21,000. b. One-third of the unearned revenues has been earned as at Dec. 31, 2021. c. Depreciation for the year amounted to P38,000 for the building and P123,000 for the equipment. d. Salaries in the amount of P14,000 have accrued at year-end. e. The notes receivable were accepted from several customers. The notes were issued on Sept. 1, 2021 and will be settled together with a 20% interest on May 31, 2022.