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The following unadjusted trial balance was prepapred for Maria Jasmine as of December 31,2018 a. Prepare a 10 column working paper. b. Using the working
The following unadjusted trial balance was prepapred for Maria Jasmine as of December 31,2018
Account No. 101 111-A 4 120 The following unadjusted trial balance was prepared for Maria Jasmine as of December 31,2018: MARIA JASMINE, PARK PLACE UNADJUSTED TRIAL BALANCE December 31, 2018 Account Title Debit Credit Cash P 218 Accounts Receivable 180 Allowance for Bad Debts P3 116 Prepaid Insurance Leasehold Improvements 504 120-A Accumulated Depreciation - 42 Leasehold Improvements 121 Furniture & Fixtures 30 121-A Accumulated Depreciation - Furn. & Fixtures. 201 Accounts Payable 35 202 12% Notes Payable 400 203 SS & EC Premiums Payable 3 204 Pag-ibig Premiums Payable 2 205 Phil Health Premiums Payable 2 206 Witholding Taxes Payable 4 207 Advances from Tenants 15 301 Maria Jasmine, Capital 144 302 Maria Jasmine, Personal 85 401 Parking Fees Income 854 402 Interest Income 14 506 Office Supplies Expense 507 Pag-ibig Premiums Expense 508 Phil Health Premiums Expense 4. 509 SS & EC Premiums Expense 4. 510 Rent Expense 180 511 Salaries Expense 186 512 Taxes & Licenses 18 513 Utilities Expense 96 Totals P1.521 P1.521 Required: a) Prepare a 10-column working paper. b) Using the working paper as a basis, prepare the adjusting entries in good form. 00++ a. Prepare a 10 column working paper.
b. Using the working paper as a basis, prepare the adjusting entries in good form.
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