| Remedios Palaganas Gourmet Food Worksheet For year ended December 31, 2020, Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash Accounts Receivable Prepaid Rent Cooking Supplies 504,000 504,000 504,000 789,000 789,CCC 789,000 144,000 72,000 72,000 72,000 357,000 332,000 25,000 25,000 Land Building 530,000 530,000 530,000 1,250,000 1,250,000 1,250,000 Accumulated Depreciation -Building Cooking Equipment Notes Payable 413,000 28,000 441,000 441,000 870,000 870,000 870,000 Accumulated Depreciation -Cooking Equipment 212,000 52,000 1,400,000 264,000 1,400,000 264,000 1,400,000 Accounts Payable 117,000 117,000 117,000 Accrued Salaries Accrued Interest 27,000 252,000 27,000 27,000 252,000 252,000 Palaganas, Capital 1,435,000 1,435,000 1,435,000 Palaganas, Drawings 240,000 240,000 240.000 Gourmet Cooking Revenues 2,256,000 2,256,000 2,256,000 Salaries Expenses 619,000 27,000 646,000 646,000 Travel expense 127,000 127,000 127,000 Advertising expenses 215,000 215 215,000 Insurance Expense 40,000 40,000 40,000 Utilities Expense 102,000 102,000 102,000 Miscellaneous Expense 46,000 46,000 46,000 Depreciation Expense 80,000 80,000 80,000 Rent Expense 72,000 72,000 72,000 Cooking Supplies Expense 332,000 332,000 332,000 Interest Expense 252,000 252.000 252,000 CS Scanned with CamScanner TOTAL Net Profit 5,833,000.00 5,833,000.00 763,000.00 763,000.00 5,977,215.00 6,192,000.00 1,912,000.00 2,256,000.00 4,280,000.00 3,936,000.00 344,000.00 344,000.00 2,256,000.00 2.256,000.00 4,280,000.00 4,280,000.00