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3} Dalmatian Company records all disbursements using nominal accounts {i_e_, expense method]. On Deoernber 31, 2011, Dalmatian Company has total expenses of P1,000,000 before considering the following: . Advertisement costs paid during December 2011 totaled P10,000. The advertisement was aired on W on January 5, 2012. o A two-year insurance on assets was obtained on July 1, 2011 for [4,000 :- On July 15, 2011, Dalmatian entered into operating lease requiring monthly payments of PE0,000 starting on the date of lease contract and monthly thereafter. in D'ioe supplies expense has a balance of P20,000_ The physical count of ofce supplies revealed a balance of P1E,000_ Compute for the adjusted expenses A 1,060,000 B. 050,000 (1 030,000 D. 925,000