The December 31, 2019 trial balance for ABC Company is presented as follows ABC Company Trial Balance December 31, 2019 Cash P1,700,000 Accounts Receivable 500,000 Allowance for Doubtful Accounts 37,000 Prepaid Insurance 100,000 Prepaid Rent 200,000 Prepaid Interest 5,000 Supplies 70,000 Inventory 150,000 Equipment 2,100,000 AD: Equipment P600,000 Building 6,000,000 AD: Building 3,600,000 Machinery 5,280,000 AD: Machinery 880,000 Accounts Payable 300,000 Notes Payable 250,000 Interest Payable 10,000 ABC, Capital 10,407,000 ABC, Drawing 90,000 Service Revenue 450,000 Salaries Expense 200,000 Utilities Expense 65,000 Totals P16,497,000 P16,497,000